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Thread: Market Research for Dancers - Which Cities have the most Millionaires ?

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    Default Market Research for Dancers - Which Cities have the most Millionaires ?

    from

    (snip)The world's millionaires are migrating like never before—creating new megahubs of wealth and shifting the balance of money around the globe.

    According to a report from New World Wealth, the U.K. was the top destination in the world for migrating millionaires over the past decade. Between 2003 and 2013, the U.K. had a net inflow of 114,100 millionaires (people with $1 million or more excluding their primary residence).

    That was more than twice the gain of the number two ranked country, Singapore.

    Singapore, with its tax-friendly policies and security, ranked second in attracting the world's wandering wealthy. It gained 45,000 millionaires between 2003 and 2013. The U.S. ranked third, gaining 42,400 millionaires.

    So where were all these millionaires moving from? Mostly China. According to the report, China had a net outflow of 76,200 millionaires during the 10-year period. India was the next largest loser, with a net outflow of 43,400, followed by France, Italy and Russia.

    The report said Chinese millionaires were mostly moving to Hong Kong, Singapore and the U.K. Indian millionaires prefer the U.K., U.S. and Australia, while French and Italian millionaires were largely flocking to the U.K. and Switzerland.

    A surprising number of Swiss millionaires are also moving—mostly to Singapore, the U.K. and the United Arab Emirates.

    The study said that overall, London has the most millionaires of any city, with 339,300. New York ranks second with 300,100, followed by Tokyo (226,500) and Singapore (225,000). (snip)

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    Default Re: Market Research for Dancers - Which Cities have the most Millionaires ?

    and on the US domestic front .... from

    (snip)This map shows the net domestic migration for each county in the U.S. for the year between July 1, 2012, and July 1, 2013, adjusted by the original 2012 population. Counties with positive net domestic migration (more people moving in than moving out) are in blue and counties with negative net migration are in red:





    The most startling aspect is the mass of dark blue in western North Dakota and eastern Montana. It coincides with the Bakken Formation, ground zero of the recent shale oil boom.

    The map also shows the trend of people leaving areas in the Northeast and Midwest — and of people moving to the Southeast.(snip)


    I would add that, unlike the millionaire's report, the US migration map counts 'heads' not 'wallets'. However, it's quite reasonable to assume that ( for those below legal retirement age at least ) the Americans migrating out of certain states are productive taxpayers, and that Americans migrating into certain states are doing so because comparatively high paying jobs are available.
    Last edited by Melonie; 03-30-2014 at 06:07 AM.

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    Default Re: Market Research for Dancers - Which Cities have the most Millionaires ?

    But I think what matters a lot, at least for sexworkers is, the type of culture that particular area has toward sexworkers. Like some areas are good for dancers, some are good for escorts, some are good for sugar babies, and I don't feel like it is direct correlated with the amount of millionaires. Old money isn't going to spend in a strip club. etc etc.

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    Default Re: Market Research for Dancers - Which Cities have the most Millionaires ?

    ^^^ there's almost never a direct correlation where any kind of financial issue is concerned. Also agreed that local 'culture' re the sex industry varies widely.

    However, the above stats are useful for illustrating where the money 'flows' are headed. And while it's probably true that an old money millionaire is unlikely to directly spend money in strip clubs, there are probably a whole group of other people ... from 'upscale' car salespersons to real estate agents to accountants to attorneys to stockbrokers to 'upscale' retailers ... who may wind up indirectly spending a portion of that millionaire's money in strip clubs !!! IMHO this is the important take-away for cities that are 'gaining' millionaires.

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    Default Re: Market Research for Dancers - Which Cities have the most Millionaires ?

    crap, indians millionaires are the only ones who come here wtf, seriously??
    the southeast is looking more and more appealing.

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    Default Re: Market Research for Dancers - Which Cities have the most Millionaires ?

    ^^^ yes ... TAX-achusetts appears to be mostly 'red' . The exception seems to be the 'coastal' big cities. Since the US map counts 'heads' instead of 'wallets', though, it's difficult to translate 'coastal' big city population growth into more money being spent in strip clubs.

    Anecdotal evidence from here and there indicates that a fair portion of big city population growth is in fact explainable by low income people ( legal resident or otherwise ) moving to big cities to take advantage of more generous social welfare benefits ( and less stringent document checks ). This mostly comes from 'food stamp' signup data, financially distressed hospital data etc. Unfortunately, this particular segment of a growing big city population is unlikely to be spending a whole lot of money in strip clubs.

    The 'mainstay' of most strip club spending has traditionally come from 'upper middle class' residents / taxpayers. And those are arguably the exact ( below legal retirement age, anyhow ) people who are moving out of the suburban / exurban areas of Massachusetts in favor of lower tax rate states with higher economic / jobs growth. Arguably, this same emigration trend repeats itself in suburban / exurban NY, NJ, IL, MI, CT etc. And, arguably, the states to which these ( below legal retirement age ) residents are immigrating are NC, SC, GA, TX, FL etc. As the US domestic migration author alludes to, this is now a well-established trend - with migrating industries being followed by migrating industry workers. See for more particulars.

    However, due to counting 'heads' versus 'wallets', the US domestic study does not show the economic data that is of greatest interest to exotic dancers ... i.e. the available net 'discretionary' spending capability of these migrating industry workers ... which is a function of new job pay rates, versus new lower tax rates, new lower costs of living etc. The unknown variable in that equation is how much of a pay reduction might be involved when comparing the actual pay rate of a no longer existing job in MA versus an available replacement job in NC, for example. Auto industry data, union vs non-union, etc. tend to indicate that, from the standpoint of comparative gross pay, all may not actually be a 'bed of roses'.

    In the interest of 'completeness' there has also been a high tech migration trend into California over the past decade. However it remains to be seen if that particular trend will continue or reverse itself ( with many CA based tech companies now specifically looking to expand into lower tax rate states, in particular TX ).

    In regard to retirement age emigration, the two primary 'target' states are California and Florida. That probably means that health care workers in CA and FL will benefit far more than exotic dancers, though !!!
    Last edited by Melonie; 03-30-2014 at 09:09 PM.

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