Posted May 21, 2016, 12:47 AM
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NYC/NJ/Miami-Dade
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Join Date: Jul 2013
Location: Great State of NJ
Posts: 49,333
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^^^^^
That's really what it is. I think people read to much into it. There are many price ranges that comprises luxury. All with varying levels of demand and supply either currently built, projected, or u/c.
A slowdown in ultra luxury does not spell doom for the residential sector as a whole.
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