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PROPERTY FEATURE
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LUXURY PORTFOLIO INTERNATIONAL
®
LIFESTYLE
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LUXURY PO TFOLIO INTERNATIONAL
®
As global wealth has continued to increase over time, so too
has the demand for luxury properties. While the affluent have
always loved luxury real estate, the period between the early
1970s and today has seen a dramatic increase in the number of
high-net-worth individuals with a seemingly insatiable appetite
for, interest in and an overall cultural focus on real estate.
As their ability to invest in such lifestyle-forward discretionary
purchases has increased, the instances of properties priced at
$1M USD or more has surged — unlike anything we’ve seen in
the past.
SELLING SIGNIFICANT PROPERTIES IN
A DYNAMIC GLOBAL MARKETPLACE
$300
$250
$200
$150
$100
2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015
$130
$113 $110
$119
$143
$177
$194
$206
$184
$194
$208
$213
$227
$249
$254
$267
IN USD TRILLIONS
YEAR
Worldwide Personal Wealth
Source: Credit Suisse Global Wealth Report, at constant exchange rates
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