The Luxury Housing Bubble Pops – Overseas Investors Struggle to Sell Overpriced Mansions

Screen Shot 2016-01-26 at 10.50.22 AM

The first real signs that the global luxury home price bubble had popped emerged last fall in the world’s capital of oligarch money laundering: London.

Since then, we’ve seen weakness in high end Manhattan real estate, but the trend has now spread and is starting to make itself apparent all over the place…

Read the rest here.

Tagged with: , , , , ,