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Why Ultra-Luxury Real Estate Markets Operate Independently from Federal Rate Policy

Why Ultra-Luxury Real Estate Markets Operate Independently from Federal Rate Policy

Ultra-luxury residential markets operate according to economic signals that differ markedly from those driving mainstream housing, creating a distinct real estate economy that Federal Reserve policy barely influences. While most economists and housing analysts focus on mortgage rates and their impact on home sales, a significant segment of the market remains almost entirely unaffected by [...]

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