Can’t Sell Your Mansion? Raise the Price

Friday, 12 October 2012 | by Pat's Picks

Can’t sell your luxury home? Conventional logic says lower the price. But the Wall Street Journal says some home buyers have done the opposite to attract attention. It works in a keeping-up-with-the-Joneses way: when wealthy buyers see record-breaking sales, they are inspired to emulate.

SOURCE: Wall Street Journal