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15 U.S. Cities Where Million-Dollar Homes Are Collapsing America’s luxury housing market is collapsing faster than anyone expected in 2025. From Beverly Hills mansions to Miami penthouses and sprawling Texas mega-estates, multimillion-dollar homes are sitting empty—slashing millions off asking prices and even sliding into foreclosure. In this video, Discover the Nation reveals 15 U.S. cities where the luxury market is imploding. We’ll uncover why once “untouchable” hotspots like Los Angeles, New York City, Miami, and San Diego are now flooded with desperate sellers, soaring insurance premiums, punishing property taxes, and investor panic. This isn’t a correction — it’s a full-scale luxury housing crash. Families who stretched for dream estates are now trapped in financial nightmares. Investors who bet on Airbnb and short-term rentals are walking away. Even elite enclaves — from Aspen to the Hamptons — are facing losses no one thought possible. 📌 Disclaimer: For informational and educational purposes only. Not financial or real estate advice. Always do your own research or check with a licensed pro before making any decisions. 🔔 Subscribe to Discover the Nation for real housing trends, real estate news, and economic updates you won’t want to miss.