But, he says: ‘I’m not here to tell you it’s over or that we see a sign it’s over. It’s not.’

ASPEN — The worst recession to hit this country in the last century isn’t all doom and gloom. In fact, many Americans are happier now than when their bank accounts were more flush, according to Dr. Jim Taylor, author of “The New Elite: Inside the Minds of the Truly Wealthy.”Taylor was the keynote speaker at Friday’s Aspen/Snowmass State of the Real Estate and Development Symposium. Taylor’s research focused on just four categories of citizens: Upper middle class, affluent, super-affluent and wealthy. Wealth remains concentrated in the hands of a relative few. “There are roughly a thousand families in the U.S. buying extreme high-end properties right now,” he said. It helps that Aspen/Snowmass is considered a top destination and an extremely livable community; Taylor spoke of a “homeness that makes Aspen different from Vail.”
By Madeleine Osberger, August 7, 2009 Aspen Times

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