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Started By
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The Pennington house off highland
Posted on 9/17/15 at 11:18 pm
Posted on 9/17/15 at 11:18 pm
I feel like I heard they were trying to put it on the market or it's currently on the market? What an awful investment. Very few people in Baton Rouge are dropping that kind of bread on anything residential.
17
Posted on 9/17/15 at 11:19 pm to Maverick01
You must be poor.
Posted on 9/17/15 at 11:20 pm to Maverick01
Great post. Now pics of Paige.
Posted on 9/17/15 at 11:21 pm to member12
quote:
You must be poor.
Because I'm sure you have the asking price of 18 million lying around.
This post was edited on 9/17/15 at 11:22 pm
Posted on 9/17/15 at 11:22 pm to Maverick01
It was sold dipshit and not for 18 mill. Now please stop posting.
Posted on 9/17/15 at 11:25 pm to Maverick01
quote:
What an awful spinoff thread
Posted on 9/17/15 at 11:26 pm to Maverick01
In the end they will end up losing millions through price reductions.
Posted on 9/17/15 at 11:29 pm to Maverick01
quote:
I feel like I heard they were trying to put it on the market or it's currently on the market? What an awful investment. Very few people in Baton Rouge are dropping that kind of bread on anything residential.
A baton rouge couple both dentists recently bought it for 6 million.
When you reach a certain level of wealth you can do things because you just want to, ROI is not part of the decision.
Posted on 9/17/15 at 11:31 pm to TigerBait2008
That's a huge fricking loss. What does being rich have to do with being stupid? Wealthy people stay wealthy by not making poor financial decisions.
This post was edited on 9/17/15 at 11:33 pm
Posted on 9/17/15 at 11:36 pm to Maverick01
I banged your mom inside that house
Posted on 9/17/15 at 11:37 pm to Maverick01
quote:
That's a huge fricking loss. What does being rich have to do with being stupid? Wealthy people stay wealthy by not making poor financial decisions.
To an extent, that's true. But as someone upthread stated, you can get so wealthy that you can afford to throw away a few million here and there and not miss it too much. If you take a loss on your house, well, you got to enjoy living in it for several years, and maybe that's worth knocking your net worth down half a percentage point.
Posted on 9/17/15 at 11:42 pm to Maverick01
Some dentists bought it for less than 9 I believe
Posted on 9/17/15 at 11:47 pm to Jim Rockford
quote:
...you can get so wealthy that you can afford to throw away a few million here and there and not miss it too much.
I get what you're saying, but we're not talking about a million or even two million dollar loss. The house was sold for 1/3 of what they paid for it? This is why I am in favor of an inheritance tax. People who don't earn their fortune see no value in keeping it.
Posted on 9/17/15 at 11:51 pm to Maverick01
quote:
That's a huge fricking loss. What does being rich have to do with being stupid? Wealthy people stay wealthy by not making poor financial decisions.
When you are worth several hundred million dollars with annual income from assets in the millions you can burn down a 18 million dollar house, never miss it and be just as wealthy the next month.
This post was edited on 9/17/15 at 11:52 pm
Posted on 9/17/15 at 11:55 pm to Maverick01
quote:
This is why I am in favor of an inheritance tax. People who don't earn their fortune see no value in keeping it.
Now that's just genius. While we're at it let's pay professional athletes minimum wage, tax lottery winnings at 100%, and prevent parents from buying Christmas presents for their kids.
Posted on 9/17/15 at 11:57 pm to EA6B
quote:
When you are worth several hundred million dollars with annual income from assets in the millions you can burn down a 18 million dollar house, never miss it and be just as wealthy the next month.
Your way of thinking is flawed. It's the reason government spending is out of control in this country.
Posted on 9/18/15 at 12:01 am to Redfish2010
quote:
Now pics of Paige.
No fricking thanks.
Posted on 9/18/15 at 12:07 am to Jim Rockford
It's a write off for them.
They just write it off.
All these big companies they just write off everything.
They just write it off.
All these big companies they just write off everything.
Posted on 9/18/15 at 12:09 am to Maverick01
quote:
I get what you're saying, but we're not talking about a million or even two million dollar loss. The house was sold for 1/3 of what they paid for it? This is why I am in favor of an inheritance tax. People who don't earn their fortune see no value in keeping it.
Hundreds of people had decent paying jobs for several years building the house, many local businesses and suppliers made money from the construction of the house. The owners did not get their money back, but it accomplished more for the local economy than anything the government could do with the same money.
Posted on 9/18/15 at 12:18 am to Maverick01
Oh shite, the government wasted money on that house? That is a problem indeed.
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