{"id":467296,"date":"2010-03-24T12:36:00","date_gmt":"2010-03-24T16:36:00","guid":{"rendered":"http:\/\/www.businessinsider.com\/here-are-the-12-booming-cities-where-luxury-real-estate-is-soaring-2010-3"},"modified":"2010-03-24T12:36:00","modified_gmt":"2010-03-24T16:36:00","slug":"12-bubblicious-global-cities-where-luxury-real-estate-is-booming","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/467296","title":{"rendered":"12 Bubblicious Global Cities Where Luxury Real Estate Is Booming"},"content":{"rendered":"

\"Bangkok\"<\/a>Citi and Knight Frank have released their Wealth Report for 2010, and it points toward massive gains for some markets in terms of luxury real estate.<\/p>\n

Seriously, the price growth in some cities will blow your mind (think Asia).<\/p>\n

Of course, overall, 2009 was not a great year for high-end real estate, as the US continues to weaken, and Europe turns gray.<\/p>\n

But looking at high-end real estate is very telling in terms of what it says about where the upper class is growing.<\/p>\n

Check out the 12 cities where luxury real estate is booming ><\/a><\/strong><\/h2>\n

Bangkok: Prices up 4.6% in 2009<\/h2>\n

\"Bangkok:<\/div>\n

Source: Knight Frank and Citi Wealth Report<\/a><\/em><\/p>\n

Photo: Bangkok Condos<\/a><\/p>\n

<\/p>\n

Sao Paulo: Prices up 5.6% in 2009<\/h2>\n

\"Sao<\/div>\n

Source: Knight Frank and Citi Wealth Report<\/a><\/em><\/p>\n

Photo: Holprop.com<\/a><\/p>\n

<\/p>\n

Washington D.C.: Prices up 5.6% in 2009<\/h2>\n

\"Washington<\/div>\n

Source: Knight Frank and Citi Wealth Report<\/a><\/em><\/p>\n

Photo: Everymaydc.com<\/a><\/p>\n

<\/p>\n

London: Prices up 6.1% in 2009<\/h2>\n

\"London:<\/div>\n

Source: Knight Frank and Citi Wealth Report<\/a><\/em><\/p>\n

Photo: Haute Residence<\/a><\/p>\n

<\/p>\n

Rio De Janeiro: Prices up 10% in 2009<\/h2>\n

\"Rio<\/div>\n

Source: Knight Frank and Citi Wealth Report<\/a><\/em><\/p>\n

Photo: Rio Exclusive<\/a><\/p>\n

<\/p>\n

Mumbai: Prices up 11% in 2009<\/h2>\n

\"Mumbai:<\/div>\n

Source: Knight Frank and Citi Wealth Report<\/a><\/em><\/p>\n

Photo: Mumbai.olx.in<\/a><\/p>\n

<\/p>\n

Jakarta: Prices up 14% in 2009<\/h2>\n

\"Jakarta:<\/div>\n

Source: Knight Frank and Citi Wealth Report<\/a><\/em><\/p>\n

Photo: The Ascott<\/a><\/p>\n

<\/p>\n

Singapore: Prices up 17% in 2009<\/h2>\n

\"Singapore:<\/div>\n

Source: Knight Frank and Citi Wealth Report<\/a><\/em><\/p>\n

Photo: Luxury Property<\/a><\/p>\n

<\/p>\n

Johannesburg: Prices up 17% in 2009<\/h2>\n

\"Johannesburg:<\/div>\n

Source: Knight Frank and Citi Wealth Report<\/a><\/em><\/p>\n

Photo: Top Places<\/a><\/p>\n

<\/p>\n

Hong Kong: Prices up 40.5% in 2009<\/h2>\n

\"Hong<\/div>\n

Source: Knight Frank and Citi Wealth Report<\/a><\/em><\/p>\n

Photo: Luxury Portfolio<\/a><\/p>\n

<\/p>\n

Beijing: Prices up 47% in 2009<\/h2>\n

\"Beijing:<\/div>\n

Source: Knight Frank and Citi Wealth Report<\/a><\/em><\/p>\n

Photo: Style Blog<\/a><\/p>\n

<\/p>\n

Shanghai: Prices up 52% in 2009<\/h2>\n

\"Shanghai:<\/div>\n

Source: Knight Frank and Citi Wealth Report<\/a><\/em><\/p>\n

Photo: Spacehk.cn<\/a><\/p>\n

<\/p>\n

And now…<\/h2>\n

\"And<\/p>\n

Image: www.findaproperty.com<\/p>\n<\/div>\n

The 12 cities where luxury real estate is plunging ><\/a><\/strong><\/h3>\n

Join the conversation about this story »<\/a><\/p>\n

<\/p>\n","protected":false},"excerpt":{"rendered":"

Citi and Knight Frank have released their Wealth Report for 2010, and it points toward massive gains for some markets in terms of luxury real estate. Seriously, the price growth in some cities will blow your mind (think Asia). Of course, overall, 2009 was not a great year for high-end real estate, as the US […]<\/p>\n","protected":false},"author":1977,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-467296","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/467296","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/1977"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=467296"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/467296\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=467296"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=467296"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=467296"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}