Empty homes council tax rise unlikely to deter rich owners, say critics

Hammond’s 100% extra tax on vacant property dismissed as ‘joke’ unlikely to hit wealthy buyers or spur re-use of housing

Luxury home prices in Manhattan sank to the lowest level since April 2014. Report

Luxury Home Prices Dip to 2014 Levels in Manhattan. As the supply of luxury homes in New York City continued to outpace buyer demand, the median price of luxury homes sank to its lowest level since April 2014 in Manhattan and close to its lowest level since May 2016 in Brooklyn, according to the October … Read more

Monaco builds into the Med to house new throng of super-rich

The tax haven has a luxury housing crisis – it doesn’t have enough land for the 2,700 multimillionaires forecast to settle there over the next decade

New York’s Upper 5th Avenue is world’s most expensive street

  Soaring rents have seen London’s New Bond Street rise to become the world’s third most expensive retail street, while New York’s Upper 5th Avenue and Hong Kong’s Causeway Bay retain their first and second place rankings, according to Cushman & Wakefield. The annual Main Streets Across The World report, now in its 29th edition, … Read more

London’s Bond Street has world’s third-highest business rents

Shopping thoroughfare overtakes Champs Élysées in Paris in ranking as tourism boom from weak pound boosts luxury sector

Monocle: you’ve seen the magazine – now buy the apartment

Tyler Brûlé’s luxury lifestyle brand plans to launch properties in 10 to 12 cities across the world