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ADD-Hunter
Luxury Real Estate has a professional team which is specialized in selling
off-plan and under-construction properties whether residential or commercial.
The properties can be bought by well-reputed developers in Qatar in the most
luxurious areas such as The Pearl and developing area Lusail city with flexible
installment plans.
All
these data confirm the strength of Qatar's economy and the continued growth of
the real estate sector as one of its key components. Millennials Are Changing The Luxury Real Estate Market
(Bloomberg) -- In sharp contrast to the “slacker” stereotype that has
defined their generation, millennials aren’t living in parents’ basements.
They’re buying multimillion-dollar homes.
At 38%, millennials—adults born from 1981 to 1996—represent the largest share
of homebuyers in the U.S., according to a survey by the National Association of
Realtors released last year. “They’re just as interested in owning a home. They
just waited longer to buy their first one,” says Bradley Nelson, chief
marketing officer of Sotheby’s International Realty.Breaking from the notion of
a “starter home” that older generations embraced, wealthy millennials, Nelson
says, are going big.
“In the
past, people bought a modest property, lived in it until starting a family, and
then traded up to a larger property,” he says. “Millennials are finally coming
out of the gate, and it’s not uncommon for the first purchase as a first time
homebuyer to be a multimillion-dollar luxury home in the U.S. Or
internationally.”
As a
result, millennials are quickly becoming a dominant force in high-end real
estate. “Baby boomers are retiring to sunnier locales, while remote work has
allowed millennials to ascend the housing ladder in smaller, more affordable
cities,” says a new report from Sotheby’s on global luxury in 2021. “An
emphasis on things like sustainability will certainly go into overdrive with
the aging of millennials, who, at 72.1 million, is the largest adult
generation, with unique consumer preferences that will profoundly influence the
direction of the luxury housing market.”
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