This year signs are emerging that bountiful bonuses are back, at least for some, and those who sell high-end real estate are seeing buyers return to the marketplace with more confidence and thicker wallets. Some are searching for investment properties in areas like Aspen, Colo., and the Hamptons. “They can buy a huge house in Aspen, use it a few weeks a year, but since they have several houses, they can put it out to rent and it generates income plus appreciation,” said a NYC broker, “After 2007, people are either going to buy premium properties and be very smart about it, or buy second or third homes that produce a cash flow.”
Link to article, Jan 16, 2015 NYT
Source: cnn.com “Gotta be in it to win it”.