C
hicago's luxury property market is experiencing a significant downturn. The departure of high-net-worth individuals like billionaire financier Ken Griffin has led to a glut of high-end condos and penthouses, with prices plummeting by millions of dollars. Griffin's own $145.4 million portfolio, once the epitome of Chicago's wealth and status, now represents a symbol of the city's struggles. With crime on the rise and businesses fleeing, Chicago is facing an exodus of its wealthy elite, leaving behind a trail of undervalued properties that are attracting bargain hunters.
realestate
Chicago's Luxury Mansion Market Slumps, Hurting High-Profile Owners
Discounted sales indicate broader decline of city due to business exodus and rising crime rates.
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realestate
Will cutting capital gains taxes lower soaring housing prices?
DC lawmakers consider reforming federal exclusion on primary‑home sales.
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realestate
Five metros where minimum wage workers can afford rent
Two new spots expected to join the list in 2026.
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realestate
Bethenny Frankel Claims Hamptons Sale Confirms Her Real‑Estate Talent
After AD spotlighted Bethenny Frankel's Miami home and trolls called it bland, she proved point with Hamptons real estate.