MILLION DOLLAR HOMES
Americans are buying homes that are bigger and contain more luxury features than ever. By some accounts, the million-dollar-plus home is now the strongest segment of many housing markets.
Ref. https://money.cnn.com/2006/02/22/real_estat...homes/index.htm
In the city where I live there are a few million dollar homes, mainly because of the large number of doctors that live here. Most homes however are in the 150000 - 180000 US price range. We are house shopping this year and setting our max at about 215,000 which should get us into a 3-4 bedroom 2-3 bath 2 car garage and over 2500 square feet.
International Level: Envoy / Political Participation: 241 24.1%
In Portland, Oregon there is an annual "Street of Dreams." You show up and pay about $15 per ticket, then wander through a bunch of HUGE houses that are all on one street on a self-guided tour (I'm sure there are many of these elsewhere too).
Some of my family and I went to it last year, and it was really neat to see all the state-of-the-art features in the homes. One even had an indoor basketball court! And almost all of them had home theaters with projectors and huge screens. The most fun to me, though, was to see the different designs and styles. For example, from the link below, the styles that I like the most are the "East Coast Shingle" and the "English Country Estate." The shingle one just reminded me of the beach and was so light-filled and bright, and I just loved the details. The Country Estate one was cute because it reminded me of a fairy tale cottage (times 100). One of the houses even had a secret passageway! (How much fun would that be!)
I love to tour houses like these, and I think it would be fun to visit or vacation in them, but I don't think I'd want to live in one THAT huge/expensive. When I own a house I want to put something of me into improving it. And I'd like to buy an old house that has character. I want it to be small enough to be personal, yet comfortable, but reasonably large enough for lots of kids to come!
Portland, Oregon Street of Dreams website
Edited: Dimavo on 24th Feb, 2006 - 11:20pm
International Level: Politics 101 / Political Participation: 0 0%
I don't live in a millionaire's mansion, and probably in reality unless I win the lotto, never will, but I am fortunate to always work on 'millionaire's row' with the job that I do.
It is lovely to be able to work in lovely houses, with fantastic huge gardens, and cook in hugely expensive kitchens.
The best bit though, is that I get to go to expensive shops and boutiques with my boss, the downside though, is that you feel more vulnerable in an affluent area when you're alone in the house. I don't feel as safe as I do in my own home.
International Level: Activist / Political Participation: 29 2.9%
California home for sale for $75 million
CORONA DEL MAR, California (Reuters) - A Southern California oceanfront home would break a record if sold for its $75 million listing price, an analyst with the National Association of Realtors said Tuesday
Ref. https://news.yahoo.com/s/nm/20060517/od_nm/life_home_dc
Name: Jules
Country:
Comments: I didn't pick up exactly where this is but there is a house up for sale that's like over two hundred million incomplete! They were building it with all kinds of stuff like a mini mall.
That's a crime to spend that much on a home. I think you can get a home in Beverly Hills for less than ten million so what is that house doing that will make it two hindered million?
International Level: Junior Politician / Political Participation: 71 7.1%
Million dollar homes are still popular... Among millionaires. Still investing in a home for more than a rational cost should be something that brings more back to you than just a roof over your head. For instance some millionaire owners will use some of their home for business entertainment or even as their office.
International Level: Junior Politician / Political Participation: 100 10%