06-15-2011, 11:06 AM
Location: Los Altos Hills, CA
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This is the second time since the New Year that California has broken the record for the high price ever paid for a home in the US. First a Russian tech magnate snapped up a Silicon Valley mansion for $100 Million, and that was a record. Now a British heiress pays 150 LARGE for one of the most famous homes in Southern California.
I know that many would have us believe that California is in the crapper, but I dont think the elite from abroad got the memo.
LOL.
U.K. Heiress Buys America's Most Expensive Mansion - Yahoo! Real Estate
06-15-2011, 11:09 AM
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Reputation: 7586
The super-rich have always been insulated from the day to day problems that the rest of us have to deal with.
06-15-2011, 11:12 AM
Location: Los Altos Hills, CA
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Quote:
Originally Posted by
EscapeCalifornia
The super-rich have always been insulated from the day to day problems that the rest of us have to deal with.
True. But no one with half a brain cell would shell out $1 Million, let alone $100 Million or better yet $150 Million, if they didnt know it was a sound investment.
Just saying. We like to beat ourselves up, but this is still obviously a very desirable place.
Now if only our government could be as innovative and resilient as our businesses. We'd be on to something.
06-15-2011, 11:14 AM
Location: Los Altos Hills, CA
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A pic of the magnificent Spelling Estate.
http://www.luxuo.com/wp-content/uplo...3/spelling.jpg
Personally, I would have left the house for the kids but I suppose they'll get something. At least I hope so.
06-15-2011, 11:15 AM
Location: California
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Quote:
We like to beat ourselves up, but this is still obviously a very desirable place.
CA will always be desirable, it's just economics and politics that annoy people.
06-15-2011, 11:17 AM
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Well, plenty of rich people and corporations have lost tons of money on real estate so I wouldn't use these transactions as proof that everything's great. If anything this is just more evidence that California is becoming more of a two class society where the mega-rich can buy a great lifestyle and the mega-poor that serve them live like slaves.
06-15-2011, 11:56 AM
Location: Central Bay Area, CA as of Jan 2010...but still a proud Texan from Houston!
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Quote:
Originally Posted by
Ceece
CA will always be desirable, it's just economics and politics that annoy people.
Actually it's the ignorant voting decisions that annoy people.
06-15-2011, 12:18 PM
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Quote:
Originally Posted by
18Montclair
True. But no one with half a brain cell would shell out $1 Million, let alone $100 Million or better yet $150 Million, if they didnt know it was a sound investment.
LOL, I think you will find that people w/ that sort of wealth don't necessarily think of such purchases as a 'sound investment' as is the case when one splurges for a nice coach bag
. That being said, such purchases don't impact my day to day or increase my standard of living as doesn't most of the things that the super wealthy do.
Further, the UK is on the verge of insolvency much like Greece and has a tax system 10x are crazy as California's.
The Tax structure in the U.S .. and crazy CA probably seem like paradise compared to the UK....
The latest economic data shows we are heading back into the recession we never left ....
This wont be the first .. nor the last time a wealthy individual pissed money down the drain... Especially when it comes to real-estate...
There is a joke in the RealEstate market that you know when the top is in once the chinese and foreigners (no offense to anyone) start buying.. they usually are some of the 'dumbest' money in the market (proven by historical record).
The clown who bought this will be paying the following approximate property tax bill every year :
$1,875,000 .... one million eight hundred seventy-five thousand
There's a reason why lots of hollywood stars/athletes end up going broke towards retirement... It's not because of their spending.. It's because of the re-occurring costs (I.e - taxes) that get their arses.
Last edited by yeahthatguy; 06-15-2011 at 12:29 PM ..
06-15-2011, 12:19 PM
2,311 posts, read
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Reputation: 1223
Quote:
Originally Posted by
EscapeCalifornia
Well, plenty of rich people and corporations have lost tons of money on real estate so I wouldn't use these transactions as proof that everything's great. If anything this is just more evidence that California is becoming more of a two class society where the mega-rich can buy a great lifestyle and the mega-poor that serve them live like slaves.
Pretty much.... and if history and the world is an example.. you need balance and such locations are not very stable of pleasant.
06-15-2011, 01:45 PM
Location: Declezville, CA
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Quote:
Originally Posted by
18Montclair
True. But no one with half a brain cell would shell out $1 Million, let alone $100 Million or better yet $150 Million, if they didnt know it was a sound investment.
Or they could be an heiress with too much unearned money who wouldn't know an unsound investment if it ran into her Rolls Royce on the M-1.
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Occupied housing units (%)
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Poverty status for native-born residents (%)
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Air pollution - Air Quality Index (AQI)
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Crime - Assaults per 100,000 population (5 year average)
Crime - Burglaries per 100,000 population (5 year average)
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Crime - City-data.com crime index (5 year average)
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1996 Presidential Elections Results (%) - Democratic Party (Clinton)
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1996 Presidential Elections Results (%) - Other
2000 Presidential Elections Results (%) - Democratic Party (Gore)
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2016 Presidential Elections Results (%) - Democratic Party (Clinton)
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Educational Attainment - No schooling completed (%)
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Urban houses (%)
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Mortgage status - with mortgage (%)
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Geographical mobility - Same house 1 year ago (%)
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Housing units in structures - 1, detached (%)
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Industry diversity
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Occupation diversity
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Most Common Occupations - Food preparation and serving related occupations (%)
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Most Common Occupations - Farming, fishing, and forestry occupations (%)
Most Common Occupations - Construction and extraction occupations (%)
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Most Common Occupations - Production, transportation, and material moving occupations (%)
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People in Group quarters - Institutionalized population (%)
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People in Group quarters - Local jails and other confinement facilities (including police lockups) (%)
People in Group quarters - Military disciplinary barracks (%)
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People in Group quarters - Orthopedic wards and institutions for the physically handicapped (%)
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People in Group quarters - Training schools for juvenile delinquents (%)
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People in Group quarters - Type of juvenile institution unknown (%)
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People in Group quarters - College dormitories (includes college quarters off campus) (%)
People in Group quarters - Military quarters (%)
People in Group quarters - On base (%)
People in Group quarters - Barracks, unaccompanied personnel housing (UPH), (Enlisted/Officer), ;and similar group living quarters for military personnel (%)
People in Group quarters - Transient quarters for temporary residents (%)
People in Group quarters - Military ships (%)
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People in Group quarters - Agriculture workers' dormitories on farms (%)
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People in Group quarters - Crews of maritime vessels (%)
People in Group quarters - Other nonhousehold living situations (%)
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Residents speaking English at home (%)
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Residents speaking Spanish at home - Born in the United States (%)
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Class of Workers - Employee of private company (%)
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Class of Workers - Private not-for-profit wage and salary workers (%)
Class of Workers - Local government workers (%)
Class of Workers - State government workers (%)
Class of Workers - Federal government workers (%)
Class of Workers - Self-employed workers in own not incorporated business and Unpaid family workers (%)
House heating fuel used in houses and condos - Utility gas (%)
House heating fuel used in houses and condos - Bottled, tank, or LP gas (%)
House heating fuel used in houses and condos - Electricity (%)
House heating fuel used in houses and condos - Fuel oil, kerosene, etc. (%)
House heating fuel used in houses and condos - Coal or coke (%)
House heating fuel used in houses and condos - Wood (%)
House heating fuel used in houses and condos - Solar energy (%)
House heating fuel used in houses and condos - Other fuel (%)
House heating fuel used in houses and condos - No fuel used (%)
House heating fuel used in apartments - Utility gas (%)
House heating fuel used in apartments - Bottled, tank, or LP gas (%)
House heating fuel used in apartments - Electricity (%)
House heating fuel used in apartments - Fuel oil, kerosene, etc. (%)
House heating fuel used in apartments - Coal or coke (%)
House heating fuel used in apartments - Wood (%)
House heating fuel used in apartments - Solar energy (%)
House heating fuel used in apartments - Other fuel (%)
House heating fuel used in apartments - No fuel used (%)
Armed forces status - In Armed Forces (%)
Armed forces status - Civilian (%)
Armed forces status - Civilian - Veteran (%)
Armed forces status - Civilian - Nonveteran (%)
Fatal accidents locations in years 2005-2021
Fatal accidents locations in 2005
Fatal accidents locations in 2006
Fatal accidents locations in 2007
Fatal accidents locations in 2008
Fatal accidents locations in 2009
Fatal accidents locations in 2010
Fatal accidents locations in 2011
Fatal accidents locations in 2012
Fatal accidents locations in 2013
Fatal accidents locations in 2014
Fatal accidents locations in 2015
Fatal accidents locations in 2016
Fatal accidents locations in 2017
Fatal accidents locations in 2018
Fatal accidents locations in 2019
Fatal accidents locations in 2020
Fatal accidents locations in 2021
Alcohol use - People drinking some alcohol every month (%)
Alcohol use - People not drinking at all (%)
Alcohol use - Average days/month drinking alcohol
Alcohol use - Average drinks/week
Alcohol use - Average days/year people drink much
Audiometry - Average condition of hearing (%)
Audiometry - People that can hear a whisper from across a quiet room (%)
Audiometry - People that can hear normal voice from across a quiet room (%)
Audiometry - Ears ringing, roaring, buzzing (%)
Audiometry - Had a job exposure to loud noise (%)
Audiometry - Had off-work exposure to loud noise (%)
Blood Pressure & Cholesterol - Has high blood pressure (%)
Blood Pressure & Cholesterol - Checking blood pressure at home (%)
Blood Pressure & Cholesterol - Frequently checking blood cholesterol (%)
Blood Pressure & Cholesterol - Has high cholesterol level (%)
Consumer Behavior - Money monthly spent on food at supermarket/grocery store
Consumer Behavior - Money monthly spent on food at other stores
Consumer Behavior - Money monthly spent on eating out
Consumer Behavior - Money monthly spent on carryout/delivered foods
Consumer Behavior - Income spent on food at supermarket/grocery store (%)
Consumer Behavior - Income spent on food at other stores (%)
Consumer Behavior - Income spent on eating out (%)
Consumer Behavior - Income spent on carryout/delivered foods (%)
Current Health Status - General health condition (%)
Current Health Status - Blood donors (%)
Current Health Status - Has blood ever tested for HIV virus (%)
Current Health Status - Left-handed people (%)
Dermatology - People using sunscreen (%)
Diabetes - Diabetics (%)
Diabetes - Had a blood test for high blood sugar (%)
Diabetes - People taking insulin (%)
Diet Behavior & Nutrition - Diet health (%)
Diet Behavior & Nutrition - Milk product consumption (# of products/month)
Diet Behavior & Nutrition - Meals not home prepared (#/week)
Diet Behavior & Nutrition - Meals from fast food or pizza place (#/week)
Diet Behavior & Nutrition - Ready-to-eat foods (#/month)
Diet Behavior & Nutrition - Frozen meals/pizza (#/month)
Drug Use - People that ever used marijuana or hashish (%)
Drug Use - Ever used hard drugs (%)
Drug Use - Ever used any form of cocaine (%)
Drug Use - Ever used heroin (%)
Drug Use - Ever used methamphetamine (%)
Health Insurance - People covered by health insurance (%)
Kidney Conditions-Urology - Avg. # of times urinating at night
Medical Conditions - People with asthma (%)
Medical Conditions - People with anemia (%)
Medical Conditions - People with psoriasis (%)
Medical Conditions - People with overweight (%)
Medical Conditions - Elderly people having difficulties in thinking or remembering (%)
Medical Conditions - People who ever received blood transfusion (%)
Medical Conditions - People having trouble seeing even with glass/contacts (%)
Medical Conditions - People with arthritis (%)
Medical Conditions - People with gout (%)
Medical Conditions - People with congestive heart failure (%)
Medical Conditions - People with coronary heart disease (%)
Medical Conditions - People with angina pectoris (%)
Medical Conditions - People who ever had heart attack (%)
Medical Conditions - People who ever had stroke (%)
Medical Conditions - People with emphysema (%)
Medical Conditions - People with thyroid problem (%)
Medical Conditions - People with chronic bronchitis (%)
Medical Conditions - People with any liver condition (%)
Medical Conditions - People who ever had cancer or malignancy (%)
Mental Health - People who have little interest in doing things (%)
Mental Health - People feeling down, depressed, or hopeless (%)
Mental Health - People who have trouble sleeping or sleeping too much (%)
Mental Health - People feeling tired or having little energy (%)
Mental Health - People with poor appetite or overeating (%)
Mental Health - People feeling bad about themself (%)
Mental Health - People who have trouble concentrating on things (%)
Mental Health - People moving or speaking slowly or too fast (%)
Mental Health - People having thoughts they would be better off dead (%)
Oral Health - Average years since last visit a dentist
Oral Health - People embarrassed because of mouth (%)
Oral Health - People with gum disease (%)
Oral Health - General health of teeth and gums (%)
Oral Health - Average days a week using dental floss/device
Oral Health - Average days a week using mouthwash for dental problem
Oral Health - Average number of teeth
Pesticide Use - Households using pesticides to control insects (%)
Pesticide Use - Households using pesticides to kill weeds (%)
Physical Activity - People doing vigorous-intensity work activities (%)
Physical Activity - People doing moderate-intensity work activities (%)
Physical Activity - People walking or bicycling (%)
Physical Activity - People doing vigorous-intensity recreational activities (%)
Physical Activity - People doing moderate-intensity recreational activities (%)
Physical Activity - Average hours a day doing sedentary activities
Physical Activity - Average hours a day watching TV or videos
Physical Activity - Average hours a day using computer
Physical Functioning - People having limitations keeping them from working (%)
Physical Functioning - People limited in amount of work they can do (%)
Physical Functioning - People that need special equipment to walk (%)
Physical Functioning - People experiencing confusion/memory problems (%)
Physical Functioning - People requiring special healthcare equipment (%)
Prescription Medications - Average number of prescription medicines taking
Preventive Aspirin Use - Adults 40+ taking low-dose aspirin (%)
Reproductive Health - Vaginal deliveries (%)
Reproductive Health - Cesarean deliveries (%)
Reproductive Health - Deliveries resulted in a live birth (%)
Reproductive Health - Pregnancies resulted in a delivery (%)
Reproductive Health - Women breastfeeding newborns (%)
Reproductive Health - Women that had a hysterectomy (%)
Reproductive Health - Women that had both ovaries removed (%)
Reproductive Health - Women that have ever taken birth control pills (%)
Reproductive Health - Women taking birth control pills (%)
Reproductive Health - Women that have ever used Depo-Provera or injectables (%)
Reproductive Health - Women that have ever used female hormones (%)
Sexual Behavior - People 18+ that ever had sex (vaginal, anal, or oral) (%)
Sexual Behavior - Males 18+ that ever had vaginal sex with a woman (%)
Sexual Behavior - Males 18+ that ever performed oral sex on a woman (%)
Sexual Behavior - Males 18+ that ever had anal sex with a woman (%)
Sexual Behavior - Males 18+ that ever had any sex with a man (%)
Sexual Behavior - Females 18+ that ever had vaginal sex with a man (%)
Sexual Behavior - Females 18+ that ever performed oral sex on a man (%)
Sexual Behavior - Females 18+ that ever had anal sex with a man (%)
Sexual Behavior - Females 18+ that ever had any kind of sex with a woman (%)
Sexual Behavior - Average age people first had sex
Sexual Behavior - Average number of female sex partners in lifetime (males 18+)
Sexual Behavior - Average number of female vaginal sex partners in lifetime (males 18+)
Sexual Behavior - Average age people first performed oral sex on a woman (18+)
Sexual Behavior - Average number of woman performed oral sex on in lifetime (18+)
Sexual Behavior - Average number of male sex partners in lifetime (males 18+)
Sexual Behavior - Average number of male anal sex partners in lifetime (males 18+)
Sexual Behavior - Average age people first performed oral sex on a man (18+)
Sexual Behavior - Average number of male oral sex partners in lifetime (18+)
Sexual Behavior - People using protection when performing oral sex (%)
Sexual Behavior - Average number of times people have vaginal or anal sex a year
Sexual Behavior - People having sex without condom (%)
Sexual Behavior - Average number of male sex partners in lifetime (females 18+)
Sexual Behavior - Average number of male vaginal sex partners in lifetime (females 18+)
Sexual Behavior - Average number of female sex partners in lifetime (females 18+)
Sexual Behavior - Circumcised males 18+ (%)
Sleep Disorders - Average hours sleeping at night
Sleep Disorders - People that has trouble sleeping (%)
Smoking-Cigarette Use - People smoking cigarettes (%)
Taste & Smell - People 40+ having problems with smell (%)
Taste & Smell - People 40+ having problems with taste (%)
Taste & Smell - People 40+ that ever had wisdom teeth removed (%)
Taste & Smell - People 40+ that ever had tonsils teeth removed (%)
Taste & Smell - People 40+ that ever had a loss of consciousness because of a head injury (%)
Taste & Smell - People 40+ that ever had a broken nose or other serious injury to face or skull (%)
Taste & Smell - People 40+ that ever had two or more sinus infections (%)
Weight - Average height (inches)
Weight - Average weight (pounds)
Weight - Average BMI
Weight - People that are obese (%)
Weight - People that ever were obese (%)
Weight - People trying to lose weight (%)
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. That being said, such purchases don't impact my day to day or increase my standard of living as doesn't most of the things that the super wealthy do.
