AnCaps
ANARCHO-CAPITALISTS
Bitch-Slapping Statists For Fun & Profit Based On The Non-Aggression Principle
 
HomePortalGalleryRegisterLog in

 :: Anarcho-Capitalist Categorical Imperatives :: AnCaps' Laissez-faire Free Trade Zone
 

 Ultra-wealthy Americans are flocking to this obscure town

View previous topic View next topic Go down 
AuthorMessage
CovOps

CovOps

Female Location : Ether-Sphere
Job/hobbies : Irrationality Exterminator
Humor : Über Serious

Ultra-wealthy Americans are flocking to this obscure town Vide
PostSubject: Ultra-wealthy Americans are flocking to this obscure town    Ultra-wealthy Americans are flocking to this obscure town Icon_minitimeMon Feb 14, 2022 9:47 pm
Ben Gillikin was hiking up a mountain in the middle of Arizona's biggest urban sprawl when he knew for sure he wanted to live in Paradise Valley

Ultra-wealthy Americans are flocking to this obscure town AATHrAa

Mr Gillikin and his wife Jeannine, both 52, had been scoping out various cities across the US where they could make their new home after leaving California. From the slopes of Camelback Mountain, a 2,700 ft peak that sprouts incongruously out of the Phoenix metro area, they could see the lush enclave of Paradise Valley, population 12,658, nestled between three crags.

It would be another two years before the Gillikins actually managed to land a house there. Over the past few years, rich buyers from all over the US and beyond have been flocking to this obscure town, squeezing its limited housing supply and driving property values skyward. Amid fierce competition, the Gillikins ended up paying far more than they hoped – $7.2 million (£5.3 million).

"The house prices since we started looking two years ago have gone up between 30 and 40 per cent," Mr Gillikin told The Independent on Wednesday, three days after agreeing to buy (the sale closes in about two months). "Digesting that was tough, but the lifestyle improvement, and investing in our forever home was important to us, and we're willing to pay that premium."

Since its foundation in 1961, Paradise Valley has attracted wealthy citizens including mega-Olympian Michael Phelps, rocker Alice Cooper, and boxer Mike Tyson, as well as clientele at high-end resorts. Tucked away amidst the hills between downtown Phoenix and nearby Scottsdale, it is a short drive away from shops, restaurants and bars yet remains relatively secluded.

Yet now local real estate agents and politicians say the coronavirus pandemic has spurred a new level of interest from far beyond Arizona, including from ultra-wealthy families with net fortunes of anything from $30 million to $500 million.

.https://www.msn.com/en-gb/news/world/ultra-wealthy-americans-are-flocking-to-this-obscure-town/ar-AATHppm
Back to top Go down
 

Ultra-wealthy Americans are flocking to this obscure town

View previous topic View next topic Back to top 
Page 1 of 1

Permissions in this forum:You cannot reply to topics in this forum
 :: Anarcho-Capitalist Categorical Imperatives :: AnCaps' Laissez-faire Free Trade Zone-
 :: 

Anarcho-Capitalist Categorical Imperatives

 :: 

AnCaps' Laissez-faire Free Trade Zone
Index, Portal, Induct Yourself Here, Forum Technical Non-Assistance, Philosophy & Religion, Realpolitik Statism & Bureaucracy, Law & Order, Rights Individualism & Lifestyles, Laissez-faire Free Trade Zone, Science Technology & Environment, Psychology Edumbcation & IndoctriNation, Culture & Art, Ancapdemia's Ebony Basement, High Octane One-on-One Debate, Celebrate Evildoers' Inadvertent Contributions to Ancap Values, Idiot of the Week Award Nominees Are, Humor, Freestyle Miscellaneous, Ancaps Emporium, OZschwitz Slave Pen Downunder Boutique, Anarcho-Capitalists,AnCaps Forum,Anti-State,Anti-Statist,Inalienable Rights Defenders,Non-Aggression Principle,Non-Initiation of Force Principle,Rothbardians,Anarchist,Capitalist,objectivism,Ayn Rand,Anarcho-Capitalism,Anarcho-Capitalist,politics,libertarianism,Ancap Forum,Anarchist Forum,Vulgar Libertarians,Hippies of The Right,Forum for Anarcho-Capitalist,Forum for Anarcho-Capitalists,Forum for AnCap,Forum for AnCaps,Libertarian,Anarcho-Objectivist,Freedom, Laissez Faire, Free Trade, Black Market, Randroid, Randroids, Rothbardian, AynArchist,Anarcho-Capitalist Forum, Anarchism, Anarchy, Free Market Anarchism, Free Market Anarchy, Market Anarchy, Market Anarchism, Volunteerism, Libertarian anarchism,
Create a forum | Society and Culture | Politics | ©phpBB | Free forum support | Report an abuse | Forumotion.com