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Tax the Rich, House the Homeless

Some trace the L.A. area’s super-boom in luxury housing back to 2017 when a new home in Beverly Hills went on the market for a then-spectacular $100 million. That manse came with a champaign vault prefilled with 170 bottles and a full-time house manage…

Some trace the L.A. area’s super-boom in luxury housing back to 2017 when a new home in Beverly Hills went on the market for a then-spectacular $100 million. That manse came with a champaign vault prefilled with 170 bottles and a full-time house manager with a salary prepaid for two years. Two years later, the developer Nile Niami asked an astonishing $500 million for a 100,000-square-foot Bel-Air hilltop estate complete with its own nightclub and IMAX theater. More

The post Tax the Rich, House the Homeless appeared first on CounterPunch.org.


This content originally appeared on CounterPunch.org and was authored by Sam Pizzigati.


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