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malibu ca (and similar luxury places) real estate?
Old 12-12-2007, 03:54 AM   #1 (permalink)
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robert u is offline
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Default malibu ca (and similar luxury places) real estate?

do you thik that malibu calif. real estate are over priced?? does it really worth living with ''stars'' when there are landslides, fires every year...
 
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Old 12-12-2007, 04:04 AM   #2 (permalink)
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Kenneth D is offline
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Real esate, like any other commodity, is worth what people are willing to pay for it. In the case of Malibu, people are willing to pay a premium for breathtaking views of the Pacific, proximity to LA and San Diego, and mingling with the stars. If I had the money I would move there.
 
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