I am not the only one out there who collects homes!
Then we go abroad to see the (literal) craziness of real estate in London, where dirt is about the priciest anywhere. Now everyone’s living at Princess Park Manor, a former insane asylum re-born as upscale apartments. Think your apartment complex is loaded with nuts?
Then there’s page M4, where our beautiful Tower Residences at the Ritz-Carlton in Dallas makes our city proud . And finally, real estate class: no snarkiness snap at Museum Tower . We are given a chart in the print version comparing staying at a luxury hotel versus living there: Stay at the W Hollywood, for example, at $8,000 a night. (Really?) Buy a three-bedroom, 2,614 square foot unit at $2.9 million for $1,135 a night. This must be a 30-year amortization based on (they say) an owner who keeps the unit for 7 years. I will ask writer and fellow NAREE member Kris Hudson if he figured in any appreciation or HOAs. So you see, the condo is much cheaper. But what about compared to a home with it’s unending upkeep? I have long wanted to compare what we spend on home maintenance to high rise HOAs. This article hit a total nerve: A friend saw it, called me and said “I am so tired of dealing with my home, this looks absolutely wonderful!
. There I had it, kind of like a dream, everything from house hoarders like Larry Ellison – he now has 27 homes in Malibu — to the House Story on poet Maya Angelou. She owns three homes, each filled with art.