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Affluent renters are pulling back in the Hamptons — and it could signal broader changes ahead. Here’s what the shift means for everyday consumers and how to use it to your advantage.
Luxury summer rentals in the Hamptons have increased availability. According to CNBC reporting, Hamptons summer rentals are down 30% compared to previous years. The drop is as steep as 50% to 75% for ultra-high-end properties. Brokers told CNBC the slowdown is due to more than May’s cold, rainy weather. Behind the hesitation is something bigger: economic uncertainty that’s making even wealthy…
