Katherine Clarke

speaker
10 appearances 1 recordings 1 series first heard Jan 2026 last heard 29 Jan

Katherine Clarke’s voice in public audio — every appearance, attributed to the second.

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recordings per month · last 12 months
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Recordings per month over the last 12 months — 1 in all, peaking in Jan 2026 with 1.

Appearances

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It basically comes down to the composition of wealthy people's net worth in the stock market, in private equity, in real estate.
Those gains are happening a lot faster than the growth of wages for most Americans.
So if you look at all these AI companies that have been booming over the last year or two, a lot of those are concentrated in a particular geographic area of this country, the Bay Area, that has very limited inventory of luxury homes.
That money has to go somewhere and it's spreading across the country.
The biggest markets for ultra-luxury home sales are still New York, Los Angeles, Aspen, Palm Beach.
But we're starting to see markets like San Diego, Phoenix, Dallas come into their own.
A deal over $10 million used to be a dramatic outlier for those markets, and now they are becoming more commonplace.
I think part of that is this migration that we're seeing from higher tax states to lower tax states.
like Paradise Valley, Arizona, and Austin, Texas.
And folks attribute that a lot to wealthy people relocating from higher tax states like New York and California.
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