Signs of Luxury homes are not only appreciating in value for sale, but super high end rentals are showing an increase in demand. The extreme example is a Beverly Hills Estate with 17 bedrooms, 29 bathrooms all on 3.7 acres, offered for lease at $600,000 a month. Considerably higher than the legend Michael Jackson’s lease in Holmby Hills, for $100,000 per month. Buyers demands for buying income units, or homes has increased dramatically.
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