A new, younger class of global homebuyer is leveraging the trend towards hybrid working. The prime residential market has been dominated by older HNWIs, but a new category of international home-buying executives in their forties or even thirties is now emerging.
From Miami and Monaco to Singapore and Sydney, there is a greater choice of fine new apartments and penthouses than at any time this century. Plus, as Peter Swain reports, some eye-catching villas that make for one-of-a-kind holiday residences.
Some places quicken the property pulse. Jay Gatsby may have preferred Long Island’s North Shore, but for a century or so the Hamptons, at the east end of the South Shore, has been the locale of choice for wealthy Gothamites looking to escape Manhattan’s dizzying embrace.
Global wealth has never been so portable, real estate as an asset class so desirable or the choice of destination so wide. An appraisal of the where, what, why, who and how of 2015.