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mahatmakanejeeves

(71,923 posts) Thu Jul 16, 2026, 08:28 PM 5 hrs ago

The Superrich Aren't Just Buying Mansions--They Want the Entire Block

The Wall Street Journal
@wsj.com

Unlike the rest of the housing market, which has been vulnerable to higher interest rates and economic uncertainty, luxury real estate is fueled by lifestyle and massive wealth creation.

The Superrich Aren’t Just Buying Mansions—They Want the Entire Block
“Landmaxxers” like Ken Griffin and Larry Ellison are snapping up neighboring properties to create private compounds.
on.wsj.com
7:20 PM · Jul 16, 2026

Unlike the rest of the housing market, which has been vulnerable to higher interest rates and economic uncertainty, luxury real estate is fueled by lifestyle and massive wealth creation.
— The Wall Street Journal (@wsj.com) 2026-07-16T23:20:31.173319Z

4 replies

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The Superrich Aren't Just Buying Mansions--They Want the Entire Block (Original Post) mahatmakanejeeves 5 hrs ago OP

They don't want the block. They want the neighborhood. They don't want people like us around. erronis 5 hrs ago #1

Living ON some desirable land! biophile 5 hrs ago #2

Yes, absolutely. I'll accentuate that. erronis 5 hrs ago #4

They're buying whole cornfields around here n/t Cheezoholic 5 hrs ago #3

erronis

(25,322 posts)

1. They don't want the block. They want the neighborhood. They don't want people like us around.

Reply to mahatmakanejeeves (Original post)

Thu Jul 16, 2026, 08:39 PM

5 hrs ago

Walled communities. Guard stations. Patrols with dogs.

Best if they can get to their very upscale stores without even seeing us - where we live - our 15 year old cars.

Treat us as if we were Palestinians, living ~~next to~~ on some very desirable land.

Edited: Thanks to biophile for pointing out the important distinction of "next to" vs. "on". It is the same with the Europeans taking over the lands of the native peoples.