The most expensive home listed for sale globally is in Bel Air, a neighborhood in Los Angeles. Its main house is a 74,000-square-foot monstrosity. Among the special attributes: a 30-car garage. The compound, being erected by speculative builder Nile Niami, has an asking price of $500 million. Seven of the world’s 10 most expensive listings…
Wall Street’s “Smart Money” with impeccable timing.
A great moment for the US housing market.
Are people so real-estate-crazy they can’t see how insane this has become?
Bottom falls out of luxury real estate. Even houses.
The “sweet spot” has shifted out of reach.
“All of that negative news has put a downer on consumer sentiment.”
Where I’m interviewed on the X22 Report.