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HERE’S another reason F. Scott Fitzgerald was right when he wrote about the rich being different from you and me. For most people, real estate deals are made under pressure — you have to sell fast because you’ve made an offer on another place, or you’re moving to a new city and you don’t have time to really indulge your perfectionist streak. Not so for the superrich. At the highest end of the global residential real estate market, trophy properties, like expensive art, are rarely bought under duress.

Read Full Article At NYTimes.