10 reasons luxury homebuyers took a real estate break in 2016

10 Reasons Luxury Homebuyers Took A Real Estate Break In 2016

Last year marked the first time in history that luxury homes prices scaled back rather dramatically, independent of downward economic pressure. Luxury goods as a whole are experiencing a similar reversal of the runaway luxflation — or continual inflation of the luxury value of goods — that, until recently, was unjustifiably raising prices to unreasonable levels.

From https://plus.google.com/102938797535885749946/posts/A29Gi1dj16L

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