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Dec. 22, 2025
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Real estate

Millionaires are fueling the luxury property market in new ways: Coldwell Banker

October 21, 2020

Wealth is moving out of New York City as millionaires embrace the Zoom lifestyle and look further afield. Image credit: Tag Heuer

 

By Ellen Kelleher

The panic and disruptions triggered by the pandemic are encouraging millionaires to change the way they spend money and throw more of it at new homes as they take advantage of rock-bottom interest rates.

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  1. Louis Vuitton introduces Visionary Journeys Seoul
  2. Kering to acquire jewelry manufacturer Raselli Franco Group
  3. Savannah College of Art and Design debuts SCAD LUXE research center
  4. Ennismore picks Bangkok site for first-in-region SLS Residences
  5. Luxury Unfiltered: Why the best luxury experiences look exactly like the worst ones (on paper)
  6. Exclusive Resorts purchases Inspirato for $59M
  7. Dolce & Gabbana debuts Devotion fragrance film
  8. Lamborghini heads to French Alps for women-led driving series
  9. Nordstrom ignites gifting spirit with ‘Oh, What Fun!’
  10. ‘The defining theme of 2026 is connection – between people, systems and senses’: The Future Laboratory
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