$26.6M HIDDEN HILLS HOUSE INCLUDES MASSIVE STAR WARS MUSEUM IN BASEMENT: LOOK INSIDE
Hollywood publicist and founding member of the well-known Groundlings Theatre and School, Cherie Kerr, told Fox News that she has show business friends who have chosen to go to the expanding suburbs, while others need to leave the Hollywood scene and take refuge in spaces like Montana.Wyoming and Nevada.
“They must be in the suburbs of the San Fernando Valley or in more remote places like The Westlake Domain, more peaceful and blank,” Kerr said.”Places like Hollywood and Westwood don’t look the same as they used to — not like 40 years ago.It’s too easy to live in other regions and enjoy the same facilities.”
HOLLYWOOD HILLS HOUSE PARTIES COME OUT OF HAND FROM CORONAVIRUS OUTBREAK, LAPD WARNS
“Places like Hollywood and Westwood don’t look the same as they used to have, not like 40 years ago.”
Los Angeles luxury real estate broker Ron Wynn echoed Kerr’s feelings.”I think a lot of customers who were employed will now work, like Wednesday and Thursday at theArray, and move to shop in the suburbs where there are more areas where there are more for their money.”
CALIFORNIA RESIDENTS DRILLING IN NEVADA AND ARIZONA AS HIGH TAXES, HOUSE PRICES FORCE THEM
“People opt for bigger houses, bigger backyards, pools because the kids are in the house.They want an examination area of the house, they want an area for her, one for her.spaces like Hidden Hills [and] Calabasas where you can get large areas of land,” Wynn said of prominent Los Angeles County shelters.
He added that some of them had left the United States and moved to countries such as Italy, Switzerland and France.
Even before COVID-19, California, which remains the most populous state in the country, had noticed that its number of citizens had stagnated at 39.96 million by December 2019, according to the California Department of Finance.The report says California added more than 180,000 people to the birth and death count for the 12-month era that ended July 1, however, considering those who moved and left the state, California lost 39,500.State officials say it’s the first time since the 2010 census that more people left California than they moved in a year, contributing to the state’s slowest rate of expansion since 1900.
Several prospective new taxes are also being considered, adding a proposed estate tax plan, Bill AB 2088, proposed through Assemblyist Rob Bonta, a Democrat from Oakland, which aims to institute a 0.4% estate tax on California citizens for more than $30 million.would be imposed on the price of an individual’s global assets and would continue to apply for 10 years after a California resident left the state.
CAVUTO PRESSURES CALIFORNIA ASSEMBLY ON WEALTH TAX PLAN AMID GOLDEN STATE MILLIONAIRE ‘JAILBREAK’
Dennis Brager, a long-time tax attorney with Los Angeles stars and other wealthy clients, told Fox News that his clients were asking him for recommendations on how to isolate himself from California.
“So, on wealth tax, you would have to pay if your assets, not your source of income, but your overall wealth anywhere, if you have, say, a space in Paris, that would be included in your equity,” he said.said.” So if your wealth exceeded $30 million, you’d pay 0.4% of the price of your assets and pay for them every year.So it would be anything that, if it took shape, would drive more wealthy people from California and Los Angeles.
“The other separate thing is the proposed source of income tax accumulation.So, for now, the highest rate is 13.3 percent,” Brager said.This will accumulate depending on what you earn: if you earn more than $5 million, your rate will increase by up to 16.8% and when you start adding that.for others on this tax bracket to pay in a federal foundation at a rate of 37%, will succeed at up to 57.6%.»
Brager said that because of the relative ease that many other people have to flee the house by videoconference, tax increases can nevertheless “be the last drop that spilled the glass” and cause many other rich people to leave.Los Angeles forever.
“In my practice, I already hear from clients who would like to receive recommendations on how to break ties with California to pay what’s appropriate in confiscatory taxes on their source of income and wealth,” Brager said.
“I’ve heard from who would like to know how to break ties with California.”
Mauricio Umansky, founder and CEO of the luxury brokerage, told Fox News that “in fact there is much discussion about California’s departure for its cost, and more about taxes, the concern of California’s new taxes, as well as the concern of the new estate tax.
In addition to the fiscal situation, Brager said citizens are also involved in an increase in the homeless population that has been exacerbated through COVID-19.The Los Angeles Homeless Services Authority recently published the effects of the Greater Los Angeles Homeless Census 2020, which revealed that another 66436 people in Los Angeles County were homeless as of July 31, 2020, an increase of approximately 13% over last year, while the city of Los Angeles experienced an increase of 16.1% to 41,290.
FED RESIDENTS WITH OFFICIALS, DEMAND A CHANGE AFTER THE CRISIS OF THE HOMELESS OF SPIRALS IN THE CITY
“The challenge of homelessness is getting worse, so there’s a quality-of-life challenge,” Brager said.”The fact that we have this pandemic, other people are nervous about being in an overcrowded city and being with other people and now because of Zoom and other platforms like that, many other people are discovering that they can do their homework from home.So you combine all those points and other people say, “Why do I want to live in Los Angeles?”Do I want to live in California?”
Reality and luxury art star and real estate broker David Kean echoed Brager about the homelessness that has plagued many of the city’s most-visited tourist destinations, including Venice, Santa Monica, Hollywood and the Melrose neighborhood.
The agent said many of his clients were asking about the proximity of their potential homes to potential homeless camps.”The first intuition they have is that they just don’t need to have it.They don’t need to cross. No need. I need to have to walk on the street, he said.
PUSH TO DEVELOP SKID ROW PREDICTS NEW CRASHES IN CALIFORNIA HOMELESS CRISIS
“There are cardboard villages everywhere and you see other young men with their Starbucks cups; okay, you can have a coffee for $6,” Kean said.”It’s strange, but yes, celebrities are on the run.”
Kean said wealthy consumers were looking for “homeless” personal and closed security homes in the mall.He said many of his clients realize that living in Hollywood and Beverly Hills is no longer as attractive, so they look for amenities.calabasas and Hidden Hills.
“They need to be able to go to the mall and park their car and they don’t need to settle for the madness,” he said.”And apart from Malibu, the paparazzi don’t really walk too much unless they stick to Britney Spears through town or something.That’s what I’ve called turn flops and Ferraris.”
HOMELESS IN LOS ANGELES: HERE ARE THE STATISTICS
Wynn said that even for those who empathize for the homeless, “others are a little afraid when they wake up in the morning and look at the lawn in the front and there are two other people camping there.”
“The most important thing right now is that Venice is a huge disaster,” he said, “just a huge disaster.”
However, despite the considerations of many of California’s wealthiest residents, Umansky argues that “the market is on fire” in the state, so much so that his company had its two-month era more productive in the company’s history and higher in genuine terms.500 to six hundred in just one year.
“Dude, I don’t know what’s going on, but he’s on fire,” said Million Dollar Listing: Los Angeles star and actress husband and TV personality Kyle Richards.”There’s a lot of movement going on, whether it’s or not, even in California, other people don’t leave California, but a lot of other people in Northern California who come to Southern California, a lot of things are happening.”
DEMAND FOR LUXURY REAL ESTATE IN ASPEN, PARK CITY INCREASES
The Los Angeles Times reported on August 20, bringing knowledge of the real estate tracking site DQNews, which in the area of six Southern California counties, sales of new homes, townhomes and condominiums and in the past increased by 27.7% since June and more.% compared to prepandemic days in July 2019.
Meanwhile, home sales in Los Angeles County rose 34.6% since June, but decreased by 2.3% compared to the previous year.
As for what are your very rich clients looking for? Umansky said they were only looking for more areas where they could have all their comforts, so as not to have to venture into public areas as they were before the pandemic.
CLICK HERE TO SEE THE FOX NEWS APP
“That’s why Amazon is falling and now everything is being delivered to your door.I mean, whoever didn’t shop at home is now buying food at home.They have to and they say, ‘Hey, that doesn’t suck,'” Bravo TV star joked.”Anything: a couple of sneakers or your supermarket.”
“And I can tell you that one of the amenities everyone needs right now is an Amazon room where they get their packages,” he said.”They’re sitting there, they’re disinfected before they walk into their house.”
The Associated Press contributed to the report.