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Ultra-wealthy pull cash from mansions to buy beaten-down assets

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From London townhouses to Parisian apartments, some of the world’s richest homeowners are turning to their real estate holdings to access cash. Enness, a mortgage broker that caters to the wealthy, said more clients are seeking loans backed by real estate to help them repay other debt, invest in businesses…

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Click here to read the full story: New Straits Times

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