Jetset Magazine Features Lake Tahoe’s Tranquility Estate As Global Investment

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Jetset Magazine Features Lake Tahoe’s Tranquility Estate As Global Investment

“A New Currency Emerges” written by Daniel J. Jones of Jetset Magazine, takes readers inside the world’s newest form of currency – the luxury housing market. With inventory highly limited and global markets in a constant state of influx, real estate professionals, collectors and global investors seek out unique, ultra-luxury real estate as a new, very valuable piece of currency.

Here in an excerpt, Jones eloquently begins as Tranquility’s height of decadence gleams in the foreground:  “When the cracks began to show in the seemingly unbreakable boom that was the U.S. housing market, smart money – as is often the case – ran for shelter in an effort to insulate itself from the coming doom. That’s the thing about smart money: it stays around, it’s prepared and it tends to grow when times are tough for the broad markets. Just like a diamond created under pressure, it comes out much more valuable if given the proper amount of time. Nowhere else is this paradigm more evident than in the luxury real estate market, where smart money, savvy investment, and the creation of the world’s rarest properties have created a new kind of currency.”

Phillip White, President and Chief Executive Officer of Sotheby’s International Realty Affiliates, LLC.  commented, “Cash buyers continue to invest in luxury real estate as it offers an attractive investment option in a tangible asset.” To read the full Jetset article click here and flip to page forty. For more on the Tranquility Lake Tahoe Estate listed by Sotheby’s International Realty click here.

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