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Are You Living in the New "Vulgaria"?

1 November 2007 No Comment

They're located in a new suburb called VulgariaOur featured  this week are several  giant mega-mansions.

 

We linked to a 60 Minutes piece featuring  examples of opulence American style described by  residential specialist Paul Knox as “overweight, with a lack of restraint,” in a suburb called the new “Vulgaria”.

 

Ouch.

 

One thing sure and certain they’ve got new money written all over them.

 

And there may be less money around to support them if we go into a recession.

 

Which means there could be some mega-deals available within the next few quarters. 

 

Tune into  Living Large Real Estate Dreams

 

 

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