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Real estate

Affluent flee to second homes in COVID-19 pandemic: Will house prices and rents go up?

April 7, 2020

Watermill, NY waterfront compound. Image credit: Luxury Portfolio Watermill, NY waterfront compound. Image credit: Luxury Portfolio

 

By Dianna Dilworth

As dense, big cities such as New York, London and Paris are hit by swathes of COVID-19 cases, some affluent dwellers have fled to more spacious and greener pastures, hinting at a boom for the second-home market.

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  1. Kering loops France’s Ardian into Fifth Avenue investment
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  3. Ruinart reveals annual Carte Blanche creative collaboration
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  5. What’s at the end of the catwalk? Overtime pay, lunch breaks and other worker protections
  6. Moncler returns to the slopes for Grenoble campaign
  7. Capri Holdings closes Versace divestiture
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  9. Dolce & Gabbana debuts Devotion fragrance film
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