Forbes reports the cost of 41 luxury items increased in price by 4.2 percent in 2004. Of course, this did not include SUV's, for which sales are down. Prices continue to increase for luxury real estate, due to high demand. Apparently living glamorously looks spectacular, with or without Robin Leach pitching the lifestyle to us. In fact, just last night I dreamt of caviaar. More champagne, please, bartender.
You can also find this post on the Inman Blog, the official blog of Inman News, a top daily real estate trade publication.
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