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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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