December 8, 2023



“Everybody’s In Panic Mode”: Rich LA Homeowners Rent Mansions For Up To $150,000 Per Month Amid Turmoil

Zero Hedge

By Tyler Durden – November 17, 2023

Wealthy Los Angeles homeowners are having a tough time selling amid a new tax on luxury sales, and turmoil in the entertainment industry. Rather than unloading their mansions in a sluggish market, many homeowners have resorted to renting them out, Bloomberg reports.

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