The world is on the brink of a collapse in house prices. The rise in mortgage rates has pushed down the cost of housing around the world. In fact, according to The Economist
The Penthouse at Central Park Tower, New York — $250 Million
Rutland Gate, London, England — $238 Million
Pacific Coast Highway, California — $225 Million
Tarpon Island, Palm Beach, Florida — $218 Million
Mylestone at Meadow Lane, Southampton, New York — $175 Million