Business
Millennials are changing the luxury real estate market with their environmentally-conscious tastes – The Australian Financial Review
‘If a home is environmentally conscious and has a Tesla charger installed in the garage, those homes are generating a premium,’ says one marketer.
Aspen, Colorado, Austin, Texas, and Montecito, California, were all prime beneficiaries, Nelson explains. Its the difference of choosing where you want to live versus living where you work, he says. Millennials are thinking about their overall lifestyle. Its propelled these second-tier markets into the top of the interest list.
Total sales volume in Aspen hit a record high of more than $US1.5 billion in the third quarter, while in some neighbourhoods of Park City, Utah, median sales prices spiked…
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