Property News · June 6, 2017

Revealed: The ultra mansions of the very very wealthy


Jeff Hyland, arguably one of Los Angeles’ most powerful real estate brokers, knew that he was in the throes of a phenomenon while at a recent property event in London.
“People were saying to me, ‘we don’t understand why the Los Angeles market is so hot,” Hyland said. “Miami has a four year supply. Nobody wants to build in Paris. (New regulations stipulate that low-income housing needs to be included in luxury developments.) They think Los Angeles is on fire….

Source : South China Morning Post
Read more…Revealed: The ultra mansions of the very very wealthy

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