Where Billionaires Are Buying Up Homes—Despite the Big Risks

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Where Billionaires Are Buying Up Homes—Despite the Big Risks

And while Malibu is a perennial favorite among wealthy homebuyers, so are San Francisco , Aspen , New York City , Miami , and Palm Beach, FL. Each place boasts at least one sale among the year’s highest-priced transactions, all over $50 million. Why is America’s ultraluxury market still going strong, even while the rest
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