Sales of $100 Million Homes Rise to Record Worldwide

http://www.bloomberg.com/news/articles/2015-04-30/sales-of-100-million-homes-rise-to-record-worldwide

“People want trophy homes,” Eyal Ofer, a Monaco-based shipping and real estate magnate, said in interview earlier this week at the Milken Institute Global Conference in Beverly Hills, California. “They’re a scarce commodity. And they’re better than gold because you can boast about it.”