In some cases, it’s just the opposite.
In Aberdeenshire, Scotland, a luxury home is not just a luxury property, it can be considered a luxury investment.
But with its value soaring over the last decade, it has been sold for a staggering £1.8bn.
“I think the market has been in a great position.
The Aberdeans bought the house in the 1970s, which is still standing today. “
It’s been quite a challenge, but I think it’s all been worth it,” says Mr MacLeod.
The Aberdeans bought the house in the 1970s, which is still standing today.
Its value has risen from £800,000 to £1 million (AUD$1.2 million) over the past decade, with the family hoping it can stay in its current home as it works towards the retirement of its mother.
It’s not just the house that has a history of controversy, it also the surrounding area, which has seen a series of properties built on land that was once part of the Aberdean Estate.
Aberdeen’s mayor has said the Aberdans are proud to have built their own home and is hoping to build a second one to their future home.
Mr MacLeod says the house is not for everyone.
If you’re a keen traveller, you can explore the history of Aberdeen and discover how it has changed over time.
This story originally appeared on ABC News.