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2 Red-Hot Real Estate Trends That Billionaires Are Buying Into

TheMotleyFool

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2 Red-Hot Real Estate Trends That Billionaires Are Buying Into: https://g.foolcdn.com/editorial/images/708998/beach-side-coastline-properties-community.jpg

While the stock market has been abysmal in 2022, billionaires are quietly pouring cash into the real estate sector. It's no secret the housing market has cooled off as a result of repeated interest rate hikes by the Federal Reserve, so why are the ultra-rich so interested in real estate right now?

The truth is they're not buying up residential properties but rather two specific types of real estate: resorts and farmland.

Image source: Getty images.

Source Fool.com

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