- There’s a surplus of multimillion-dollar luxury ranches out west because they are becoming less appealing to younger generations, according to Katherine Clarke from The Wall Street Journal.
- But in the midst of this surplus, rapper Kanye West has been snapping them up — and he’s not the only celebrity on a luxury-ranch spending spree.
- Over the past few months, West has purchased two massive multimillion-dollar ranches in Wyoming.
- Visit Business Insider’s homepage for more stories.
It’s no secret that millennials are reshaping the US real-estate market.