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Real Estate Investing

Who is buying luxury real estate?

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November 05, 2014 1:35PM

Despite what we may have been led to believe, celebrities and business tycoons are not the only ones who invest in luxury real estate. In fact, according to RealEstateJournal.com, young baby boomers are known to own luxury homes. However, you have to keep in mind that not all of these luxury home owners are living the high life, as depicted in the movies. Very few of them have the installations that you'd expect to see in a luxury home, like heated floors and tennis courts; and even less have the manpower to maintain them.if your looking to buy one have a look on 2 best classified sites ... salequick .com and craigslist..