Investment in luxury second-home markets has cooled following a sales run-up during the pandemic years 2020-21. But that’s not to say a lot of folks aren’t still toying with investing in such sunny spots as the Caribbean, Hawaii and Costa Rica.
“The pandemic-related market run experienced in Hawaii’s ultra-luxury real estate sector was logistically unsustainable, by simple measures of supply and demand,” says Matt Beall, CEO of Hawaii Life.
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