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Seems to be big money in the US property market again.





nickfyoung
The top end of the property market is being targeted by investors who are flipping luxury mansions after a renovation job and making a lot of cash.

http://au.news.yahoo.com/thewest/a/-/world/18455410/insight-flip-that-mansion-investors-see-riches-in-luxury-u-s-homes/
grofet
I believe Property never dies since it's one of our basic needs. The problems is the system of the economy that makes many people hard to have their own property (home). Too many homeless people that needs help on earth.
deanhills
Probably the value of the low dollar that makes the high-end property market a good investment, and I'd guess for people from China, Japan, countries where the currencies are very strong.
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