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Global Luxury Property and 401(k) Growth
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Overview
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Luxury property prices globally rose in 2023, driven by stock market rebounds, with Manila and Dubai seeing significant gains. In contrast, New York and London experienced declines. The industrial and logistics sectors outperformed offices in investments.
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How could the shift in investment preferences towards industrial and logistics sectors influence the overall real estate landscape?
How might the trend of increasing luxury property prices impact global real estate markets?
What factors contributed to the significant growth in the number of 401(k) 'millionaires'?
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