The column of the day we decided to call it “luxury becomes a trend”. The reasons are among the most varied, but mainly one. Luxury in the real estate market is becoming a real trend. At the moment, in fact, despite the pandemic situation, it seems that the luxury segment has not been so deeply affected by the global crisis. Our opinion: this is to be expected! The analysis we have carried out in recent years shows a constant.
And it is precisely when luxury becomes a trend to give a new face to real estate. It seems, in fact, that the serious situation resulting from the health emergency has created a major difference in level. That between the less well-off and the richer classes. The former have noticed an increase in the range of participation in the real estate market, given the fall in prices. The latter, on the other hand, remain neutral, making luxury become a trend.
Today we will find out how luxury is declining and how it will decline in the following years, according to the opinion of experts.
So, if you are ready, we can get started!
The watchword in this case is a : wellness. Wellness combined with real estate has made luxury a trend. A fundamental pillar that responded to a growing demand for luxurious buildings that could guarantee greater well-being. This is not a specific research of health, but holistic. This means that the entire layout of a luxury property must be able to guarantee positive well-being for those who live in it. We therefore work on all the departments related to real estate, from construction to intelligent design.
The period that sees luxury real estate as a trend goes from 2015 to 2020. A phase in which there have been no significant stoppages. It is expected that the total turnover achieved by 2022 will be equal to or just over 200 billion dollars. Again for the luxury segment.
We are therefore talking about custom-designed houses, residential condominium buildings, eco-sustainable environments, eco-design that are becoming the practice in luxury real estate. In short, when the exception becomes the rule.
Duty is ultimately to analyze the movement of the rich. That is, how the most luxurious areas in major cities are modified. (always in terms of investments). An important driver for the purchase of high-end houses is the economic vitality of the area in which they are located. We remember the emergence of Austin in Texas , Nashville in Tennesee , Minneapolis in Minnesota .
Realities that are totally different and above all that are different from the famous and more famous New York , Chicago , Los Angeles and San Francisco .
We are therefore talking about new places of luxury real estate, which best define the increase in the radius of incidence of the new real estate.
How will it all evolve ? To find out, we invite you to stay tuned on our Blog !
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