Wealth Generated by Cryptocurrency and Hybrid Work Fuel Demand for Luxury Housing: Report

Wealth Generated by Cryptocurrency and Hybrid Work Fuel Demand for Luxury Housing: Report
Homes under construction in a new suburb in Ottawa, on Oct. 15, 2021. The Canadian Press/Adrian Wyld
Katabella Roberts
Updated:

The growing demand for luxury homes is being fueled by hybrid work and increasing wealth generated by cryptocurrency, according to Sotheby’s International Realty Luxury Outlook 2022 report published on Monday.

The report, which looks at trends that are likely to shape the global high-end real estate market in the year ahead, was compiled by surveying Sotheby’s International Realty agents around the world who conduct and carry out business within the $10 million-plus price category.
Katabella Roberts
Katabella Roberts
Author
Katabella Roberts is a news writer for The Epoch Times, focusing primarily on the United States, world, and business news.
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