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The mega-rich are buying ‘branded residences’ from Porsche and Bulgari

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Beachfront mansions are sooo last year. Instead, ultra-rich vacationers are buying “branded residences” built by Porsche, Armani, and Bulgari, reports The New York Times. It might seem strange for brands that make jewelry, handbags, and cars to be moving into the real estate market. But luxury brands cater to the…

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