Emerging luxury consumers are defined as those with $250K USD - $1M USD in investable assets; they are on the cusp of attaining traditional wealth status. The Sotheby’s International Realty Global Affluence: The Emerging Luxury Consumer report surveyed
this select group of people in the United States (U.S.), United Kingdom (U.K.), India, United Arab Emirates (U.A.E.) and China and found that the majority in all ve countries expressed con dence in their country’s current economy, their personal economic status, and in the housing market.