It was listed at $25 million, later cut to $20 million. Ok, I understand paying a bit of a premium for an iconic property, but... "Even with the price cut, the eight-figure home is about $18 million higher than the median for its surrounding neighborhood".
That's not a premium price, that's 10x over market. Plus, it's on the National Register of Historic Places, meaning whoever buys it is committing to maintaining it according to the listing.
How about the Stahl family donate it to the National Park Service, along with an endowment to fund upkeep? Let a historic property be historic, not a shiny bauble for a billionaire status symbol.
Problem is, if you can afford that house you can afford to not live in L.A.
7-8 million at most...
It was listed at $25 million, later cut to $20 million. Ok, I understand paying a bit of a premium for an iconic property, but... "Even with the price cut, the eight-figure home is about $18 million higher than the median for its surrounding neighborhood".
That's not a premium price, that's 10x over market. Plus, it's on the National Register of Historic Places, meaning whoever buys it is committing to maintaining it according to the listing.
How about the Stahl family donate it to the National Park Service, along with an endowment to fund upkeep? Let a historic property be historic, not a shiny bauble for a billionaire status symbol.