Luxe | How Generational Wealth is Shaping the Luxury Market
Over the past year, an estimated $6 trillion has been passed from older generations to younger ones, fueling demand for luxury real estate. Much of this inherited wealth has gone into high-end property purchases, helping the luxury market outperform the broader housing sector despite interest rate and affordability challenges. Real estate remains a popular choice for heirs seeking long-term value and lifestyle, with top U.S. markets seeing strong activity as a result.
"Wealth continues to be created, transferred, and strategically deployed, but with sharper discernment. Buyers are no longer simply purchasing homes; they are underwriting long-term lifestyle decisions in an environment where capital, technology, and values increasingly intersect".
