Is Luxury Real Estate Crashing?
Be Wealthy & Smart
Linda P. Jones
4.8 • 883 Ratings
🗓️ 31 August 2018
⏱️ 11 minutes
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Summary
Learn what is happening in luxury real estate in major US cities.
I share an article from cnbc.com and give you my thoughts about what is happening with luxury real estate and what it means for residential real estate in your city.
Transcript
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| 0:00.0 | Be wealthy and smart, episode 451. |
| 0:03.0 | I'm gonna live no rich life. |
| 0:06.0 | Rich life. |
| 0:07.0 | I'm pulling the best life. |
| 0:10.0 | If y'all know what I mean, put your hands up and declare with me |
| 0:13.6 | Yeah, I'm full of faith I'm I'm gonna live a good life |
| 0:20.6 | a good life |
| 0:21.6 | beautiful and glorious like Step into a world of wealth and wealth and financial freedom without budgets, boredom or bosses on |
| 0:31.2 | be wealthy and Smart. |
| 0:33.9 | And now here's your host, Linda P. Jones. |
| 0:38.0 | Welcome to Be Wealthy and Smart. |
| 0:39.4 | I'm Linda P Jones, America's Wealth Mentor. |
| 0:42.0 | Empowering women and men worldwide financial freedom. |
| 0:45.3 | On today's show, we're going to talk about the luxury real estate market and how that market |
| 0:50.6 | seems to be softening. Now sometimes the high-end market that market happening with very, very expensive homes. |
| 1:03.0 | Plus, I think it's also very interesting to just talk about it |
| 1:05.8 | and talk about what the wealthy are doing, |
| 1:08.2 | what billionaires are doing, because very often |
| 1:11.2 | they are aware of trends, cycles, and things that are happening before we are. |
| 1:16.7 | So I wanted to share this article with you from CNBC, and it was written by Robert Frank, and it's called the 1 billion dollar price cut |
| 1:26.1 | luxury real estate gets slashed and the bullet points here are the high-end |
| 1:31.5 | real estate market has seen steep price cuts in recent months |
... |
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