The California post reminded me of our own celebrity property problems here in Nashville. A sticky situation has developed with a country music star who has a lot of money to spend. Seems he wants to build a bigger- than- life McMansion on top of a hill that’s the equivalent to a seven story building. You heard that right. And to top it all off, his name is Rich, John Rich. I guess that’s appropriate for a guy who wants to build a contemporary, 11,200 –square-foot, minimalist, modern manse which will be 73 feet from basement to roof. Villa Rich, it’s been dubbed. He wants a fantastic view of Nashville which the hilltop will definitely give him. What’s more, he’s managed to get past zoning laws by building only three stories. Seems the law on that particular street is not exactly clear on how tall each story can be. What are the new neighbors thinking? I’d hate to say on this blog. They’re not happy about it. Rich made it big with the hit song, “Save a Horse” but maybe this real urban cowboy ought to write another one to go with it called “Save a House.” That’s really putting it mildly. One neighbor , who has a more traditional Tutor, is upset because he claims the sun will be setting every day at noon over his property since the massive abstract structure will be blocking out most of the light. So how do I see it? Property rights vs. pickled- puckered neighbors who are just jealous anyway? I believe whole heartedly in property rights, of course. But I do see an exception in this case. I think a house that looks totally different from just about anything in town which towers 60 feet above ground is, well, a little over the top. My guess is Rich knows he can’t get such a monstrosity built anyway, so he’s probably figuring on a compromise at 40 feet above sea level. Still, that’s pushing it. Getting along with the neighbors always pays off handsomely. I’m not saying you have to volunteer to baby-sit their children and pets, but it’s best to live amongst them within good will reason. But here’s another factor. Resell value. What would a thing like that sell for in the future? Will there be another buyer who not only can afford it, but would like to live in that particular neighborhood? It’s not Belle Meade, although it’s within a few blocks of new midtown condo complexes. That’s certainly something to think about when you’re spending millions.
Popularity: 12% [?]
Related Websites -
Is Living Within Your Means The Right Way to Live? My favorite Yahoo! Finance writer Laura Rowley recently wrote about whether it's always necessary to live within your means. A basic tenet of personal finance is to live within your means - spend less than you earn. By following this one simple rule, you're saving for the future and putting...... -
Mortgage Meltdown Mess: What to do? [/caption] Naturally there is a lot of chatter on the blogs about the $700 Billion bailout. Let's face it: if you have a blog, you have an opinion. And there are a great many people expressing their opinions about the unprecedented bailout. I am no different, except I maybe...... -
Choosing the Right Golf Clubs If you want to move past your current golf skill level to the next one, then you need to learn how to choose the right golf clubs. Having some basic tips and tricks in your arsenal when you go looking for professional golf clubs is absolutely vital. Skim through these...... -
Staying Solvent in Bad Economic Times Every day, the news about the economy seems to be getting worse and people across the world are concerned that they will be personally affected by the changes. In many cases, they already are when you consider how the cost of living has gone up, gas prices that seem to...... -
House of Cards By William D. Cohan A firm that was established on May 1, 1923, and stayed through the 1929 crash and the Great Depression, had been ruined by bad management and the crisis of 2008. In famous March 2008 when the 85-year-old firm Bear Stearns crashed and burned in little over a week, it became......