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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: TobagoJack who wrote (197536)	3/21/2023 1:35:18 PM
From: sense	Read Replies (1) \| Respond to of 218055

One of my poorer investment decisions ever was to pass on an opportunity to buy digs that became available in Monaco district, circa early 1990's. It would have been own "for later" and to lease out meanwhile... which, as it turns out would more quickly have paid for itself than expected, and "more", since. Recent trends in sales by type and location are interesting... But, more interesting to note are the forecasts for "a slight cooling off" in 2023: However, for the first time in four years, there has been a drop in the global number of UHNWIs, down 6 percent to 392,410, according to a new report by Altrata. Real estate experts predict that this will have an impact on 2023 Monaco real estate trends. The report also highlights that the combined net worth of the world’s richest individuals dropped by 11 percent to US$ 41 trillion. This slight drop, compounded by global economic volatility, is likely to contribute to a slight levelling off of real estate prices in 2023, Monaco’s leading real estate brokers predict. Granted a decline seems likely in the circumstances the article addresses... supply is still expanding, too, as it notes... and it isn't obvious to me that UHNWI's declining by 6% is as relevant as the changes occurring in the nature of those other locations they might choose to plant roots. Monaco has its own casino... so, perhaps, have government bureaucrats who are both well enough occupied and otherwise far less inclined to gamble their residents future and wealth by forcing them into participating in bureaucrats own gambling forays in the global bank run casinos... Perhaps the Swiss who you'd think might be considering a move now... would have been aware enough to have made that move back when the Swiss changed the banks focus to let them gamble in stock markets ?