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07-01-2019, 10:59 AM | #5 |
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They wanted $39,000,000 for it.
Currently off the market. I am still interested in it though. I am just $45,0000,000 short. (Property taxes would be pricey) https://www.ocregister.com/2018/12/2...-in-the-ocean/ |
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07-01-2019, 11:01 AM | #6 |
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Watching that original video all I could think of is this when they show the guy golfing
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07-01-2019, 01:13 PM | #8 |
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they got earthquakes in cali right? whole thing go right in the ocean, i'll pass
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07-01-2019, 01:37 PM | #9 |
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Wildfires are more of an issue and then mudslides afterwards. That happens a lot in Malibu though I think this is actually in Laguna Beach. But yeah it could slide into the ocean if there's too much erosion after all the recent rains. It's a risk with living on a beach.
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07-01-2019, 01:42 PM | #10 |
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Meh, it's no casa de la Rudi but if $39m man caves, Ferrari's and Land Rover's are your thing, I guess it's alright. I don't think I could lower my standards to an ocean view over the current view of my 82 year old neighbor trimming her roses in her bathrobe.
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07-02-2019, 09:47 AM | #14 |
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07-02-2019, 10:51 AM | #15 |
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Sure it's very nice, the epitome of how insanely over priced California coastal real estate is in Southern California.
This is dark, but I think of the movie The Purge when I see homes that cost this much. Maybe, just maybe who ever is capable of buying this house has worked hard earning and struggling to get to the level of being able to buy a $39MM house. It's the usual dirt bag knuckleheads that walk all over other people to get to the top and I've been around douche-bags that run 'hard-money' operations that become massively wealthy, but at the expense of others. Here's and example, and this is all true: I had a neighbor in Seattle that ran 10+ pawn shops, he kept buying up ma and pa pawn shops in other states that allow huge points for 'loans', in excess of 35%. He told me one day and I kid you not, this guy came in and needed money so he pawned his electric wheel chair. He said he took it in and gave the guy his 'loan' and watched has he hobbled out, barely able to walk. Sure it was his choice to 'hawk' his only mobility to get money, but as a human the pawn shop guy should have just lent him a few bucks and let the guy keep his dignity. The guy that owned the pawn shops had local seed money from Jeff Brotman (Costco) and Howard Schultz (Starbucks) so he went even bigger with expanding his pawn empire. He sold them all to a huge pawn company in 2007 for $70MM.
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07-02-2019, 11:53 AM | #16 |
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Has $70mm and still cant afford this house, sad life. haha
Most of us couldn't afford to live there if it was given to us for free with no mortgage. Property taxes alone are $400k/yr. That's $33,333.33 per month. That's like grossing $51,282/mo or $615k per year just to pay for taxes. When you think about that type of wealth, you can see that a $50k purse, $300 bottle of wine, or $200 steak is merely nothing to them. |
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07-02-2019, 12:05 PM | #17 |
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Yeah, sucks to be like you peasants
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07-02-2019, 03:15 PM | #18 | |
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07-02-2019, 04:21 PM | #19 | |
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You loaning money? You got my $45mm? |
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07-03-2019, 01:49 AM | #20 |
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Vidoes has Laguna Beach all over it in the intro? Beach looks like Laguna over Malibu.
Am I missing something?
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07-03-2019, 07:49 AM | #21 |
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07-03-2019, 09:10 AM | #22 | |
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