$38B in bonuses could boost vacation home sales

Despite the housing slump, an expected $38 billion in year-end bonuses
on Wall Street could boost sales of luxury properties–those priced at
$10 million or higher–especially in vacation destinations like the
Hamptons and Palm Beach. Many middle-market vacation homes, those
priced in the $3 million to $7 million range, were built on speculation
and may not fare as well.