Opinion: Is luxury real estate a recession-proof asset?
"Real estate is more recession-proof than other assets, especially when it comes to luxury homes," argues Mickey Alam Khan, the New York-based president of Luxury Portfolio International.

Mickey Alam Khan is President of Luxury Portfolio International, the leading network of the world’s premier luxury real estate brokerages and their top agents
Resilient cities & resi opportunities: New trends & drivers in UK HNW real estate investment
Wealthy private client investors "have been operating against an unprecedented backdrop of macro-economic disruption," says Investec - but "these challenging times have failed to dampen sentiment and can…
Europe’s resi real estate investors are ‘bullish’ despite Brexit & regulatory concerns
Paris, Berlin and Frankfurt are the top picks for real estate investment in 2020, reports PWC
By PrimeResi
Global real estate bounce ‘will extend into 2022’, predict economists
But Oxford Economics expects real estate returns to "temper considerably" by 2026, "falling well below their historical trend".
Companies in this article
Luxury Portfolio InternationalMost read
Talking Heads: How the business of luxury property has evolved over the last 25 years
PrimeResi’s panel of seasoned property leaders unpacks the major shifts reshaping the industry in the 21st century - from greater transparency & regulation to tackling discrimination & rethinking collaboration.
By PrimeResi
Huge St John’s Wood apartment block heads to auction
157-unit freehold building just around the corner from Lord's will be going under the hammer next week.
Social Circuit: ‘Off-market’ networking series debuts in Knightsbridge
Invite-only soirées aim to reimagine offline networking for London’s prime property insiders.
Altius picked to deliver ‘once in a generation’ West End tower scheme
The Huguenot House development team includes architects Foster & Partners and contractors Erith.
By PrimeResi
HNW family offices show ‘ambivalence’ toward real estate investments
UBS has surveyed more than 300 single family offices around the world.
By PrimeResi
OB Private hires Strutt & Parker’s Waddell to head new Development & Investment division
Renowned luxury property specialist joins rapidly expanding agency with bases in Mayfair and Notting Hill.
Rumourmill: Reeves ‘to defy’ wealth tax calls
Chancellor reportedly distances herself from proposals to raid the rich.
Landmark Shard residences still unlet amid ‘severe’ ultra-prime market contraction
Company filings cite market downturn & tax changes for delays in letting set of luxury apartments at the iconic London skyscraper.
London rental market ‘buoyed by surge in supply’
'We expect this healthy balance between supply and demand to continue' through the summer, says Foxtons.
By PrimeResi
Rightmove halves growth forecast as asking prices record biggest July dip
Property portal now expects average asking prices to rise by just 2% through 2025, although transaction volumes remain strong.
By PrimeResi
LATEST ARTICLES
Binghatti reports record H1; rolls into Knightsbridge
The luxury UAE developer's profit surged almost threefold in the first six months of 2025 amid strong demand for Dubai real estate.
Is the Prime Central London market ready for the Great Wealth Transfer?
Alpa Bhakta explores 'a profound generational & cultural transition that could have a significant impact on how & where money is spent, saved & invested.'
By Alpa Bhakta
Savills appoints new sales chief in East London
Jen Holmes has risen from valuer to Head of Sales in under five years.
By PrimeResi
Cala offloads prime Surrey development site
The greenfield site in Farnham has detailed consent for 70 new homes.
By PrimeResi
LCP reports record tenancy lengths across PCL portfolio
Tenants are willing to pay more to stay put, rather than risking re-entering the competitive rental market, says firm's MD.