Luxury Residential Architecture
To gain an understanding of luxury residential architecture, globally, in order to better inform a client in the luxury windows and doors market
One source noted that the global housing marketed is dominated by luxury apartments, specifically due to economic incentives to build in metro areas and attract high-income residents. The price of a luxury residency also dropped 5% on average, the largest decline in nearly a decade.
political uncertainty, natural disasters, terrorism fears, high equity prices, shifting buyer demographics, currency risks, increased residential taxes, and buying restrictions.
The time required to sell a luxury residential property has declined due to higher demand and limited availability. However, property ownership has seen an increased politicization globally, which has led to new taxes and foreign-buyer restrictions in several housing markets, which may impact luxury residential architects.
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