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Real Estate Lifestyle

All articles tagged with #real estate lifestyle

real-estate-lifestyle2 years ago•2 min saved

Florida Island Faces Billionaire-Driven Gentrification of Millionaire Residents

Indian Creek Village in Miami-Dade County, Florida, known as the "Billionaire Bunker," has become even more exclusive post-COVID, with property prices soaring close to $100 million. The island, which has only 41 lots and its own mayor, is now home to billionaires like Jeff Bezos, who recently spent $146 million on two properties, and Ivanka Trump. The top five homeowners in Indian Creek have a combined wealth of $191 billion, highlighting the enclave's extreme affluence and exclusivity, where only billionaires can afford to live.

via New York Post |

##billionaireenclave #indiancreekvillage

real-estate-lifestyle2 years ago•0 min saved

"Jeff Bezos' Indian Creek Bunker Highlights Florida's Billionaire Transformation"

Indian Creek Village in Florida, known as the "Billionaire Bunker," is a prime location for the ultra-wealthy, with residents like Jeff Bezos, Ivanka Trump, David Guetta, Tom Brady, Carl Icahn, and Eddie Lampert. The exclusive island off Miami boasts lavish homes, including Trump's recently purchased and renovated $24 million property, and offers a picturesque and luxurious living environment for its affluent inhabitants.

via Bloomberg|

##billionairebunker #florida

real-estate-lifestyle2 years ago•6 min saved

"Millennials Co-habit with Parents to Save for Home Ownership"

Millennials are increasingly living with their parents to save money for home purchases amid high rental and real estate prices. The National Association of Realtors reports a rise in first-time buyers moving directly from family homes to their own, with the median age for first-time buyers now at 36. High costs of living, student debt, and competitive housing markets have led to this trend, which also coincides with a rise in multigenerational households. Despite the challenges, some millennials, like Brandon Paulin and Alex Mourousias, have successfully transitioned to homeownership through this strategy.

via The Washington Post|

##homebuying #housingaffordability