Miami's ultra-luxury housing market booms as cash transactions dominate, high-end brands like Bugatti and Porsche jump in

AI Summary

Miami’s ultra-luxury housing market is experiencing strong growth dominated by cash transactions, while high-end brands such as Bugatti and Porsche have increased their presence. UBS analyst sees reduced bubble risk despite broader market cooling.

Miami’s ultra-luxury housing segment is booming even as the broader market cools. UBS sees a declining risk of a bubble.