While American single-family home prices have continued to rise in the midst of the pandemic, and we mere mortals hit “fave” on six-digit Zillow listings we’ll never afford, the rich are getting richer—and that includes celebrities who shell out millions on megamansions, an unofficial term traditionally used for any home over 10,000 square feet, and sometimes limited to those over 20,000. — VICE
Writing for VICE, Ashley Spencer dives into the history of the garishly large homes of America's 0.1 percent.
6 Comments
Related question: how did we end up with all these rich people?
related, or the actual question?
^ Go to the head of the class! (Yes, I was being coy.)
every time a person becomes homeless somewhere in America, a megamcmansion expands...
It's much larger problem than "rich people" -- everyone wants to be better than their neighbors, and bankers are happy to exploit this to make a quick buck. A perfectly nice 1950s colonial is torn down every day to build an oversized, cheaply made McMansion. Perfectly nice 270 Park (Union Carbide) in New York is torn down to build a tower only five floors higher. All so a few bankers can make money. Meanwhile the overall quality of the built world decreases. Industrialists of the late 1800s lived in beautiful but tiny houses by todays standards.
like these?
Mansions of the Gilded Age
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