Why mansions are expensive?

Dominique Botsford asked a question: Why mansions are expensive?
Asked By: Dominique Botsford
Date created: Fri, Feb 19, 2021 1:43 PM



Those who are looking for an answer to the question «Why mansions are expensive?» often ask the following questions:

📢 How expensive are mansions?

Their owners are amongst the richest people on the planet, and what they call home makes the rest of us drop our jaws to the ground. These 10 are some of the most expensive mansions in the United States. 10. Promised Land, Montecito, CA - $88 million Promised Land, Montecito. Image credit: Historygarage.com

📢 Why are mansions so expensive?

Land, Labor and Raw Material Costs Are Higher in California Than the Rest of the Country. And Those Costs Are Rising… Limited land plus tons of demand means high land prices. In many markets in California, the bulk of a single-family home or apartment building's value is in the land it is built on.

📢 Where are the most expensive mansions?

  1. Buckingham Palace | London, UK…
  2. Antilia | Mumbai, India…
  3. Villa Leopolda | Cote D'Azure, France…
  4. Villa Les Cèdres | French Riviera…
  5. Four Fairfield Pond | Sagaponack, New York…
  6. Ellison Estate | Woodside, California…
  7. Palazzo di Amore | Beverly Hills, California.

8 other answers

Everyone knows mansions aren’t exactly on the cheap side, they are massive buildings after all. But there are some mansions that choose to break the mold, th...

The Mansions is a high-class terrace house development with an iconic entrance. Benefiting from the natural beauty of nearby forest, it is Malaysia’s well-known hilltop retreat. It consists of extremely massive terrace houses ranging from 400 to 646 m². And yes, these are Malaysia’s most expensive terrace houses.

That's $500,000 a year, which is 5% a year on your $10 million investment. Wealthy people buy big mansions to make money, not to use every room. Note: Capital gains taxes used to be 20%, but that was reduced to 15% when George W. was in office. The top 1% make most of their money this way.

Home The Good Life Nobody Understands Why These Mansions Are So Expensive. Nobody Understands Why These Mansions Are So Expensive. Jun 24, 2021 comments off. Tweet on Twitter Share on Facebook Pinterest. Rare Opportunity Grab It Make Use Of It. Want to Be a Successful Entrepreneur?

Their owners are amongst the richest people on the planet, and what they call home makes the rest of us drop our jaws to the ground. These 10 are some of the most expensive mansions in the United States. 10. Promised Land, Montecito, CA - $88 million Promised Land, Montecito. Image credit: Historygarage.com

Mansions are artificially cheap? That may seem strange. Mansions are, after all, by and large expensive things. In fact, one often suspects their very expensiveness is their chief function, the better to show off the occupant’s wealth. But I’m going to argue that they are, actually, a lot cheaper than they ought to be.

The mansion, which ranks as the largest residential property in the US, boasts 29 bedrooms (most of which are the size of an average home), 39 luxurious bathrooms, a 31-foot dining room, and more squash, tennis, baseball courts and bowling alleys than a leisure center.

Leaving aside that your claims are quite baseless, that’s not what being materialistic means. A rich person can own all the most expensive stuff, but if he just owns it out of convenience, for example, prefers the quality and service of upper clas...

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