Wow! That’s what Richard Branson gets for his island in the caribbean called Necker island. I guess you wouldn’t have to rent it out for very long to get your invetment back. But that’s not the only place the wealthy are dropping big bucks. An article by Maya Roney of Business Week Magazine says it’s not that uncommon for wealthy renters to drop $20,000 a month for the right apartment. Now, I don’t know about you, but I can’t see where spending $20K a month has advantage over buying. I don’t really see a tax advantage or anything else. Maybe that’s why I don’t have $20K to spend on rent.
If you want to expand your horizons by seeing what the other one tenth of one percent is doing with their money, click here.
Bring it on, I’ve got the money.. why not?
I’m only joking, that is a lot of dough!
I am getting errors when I try to post comments
ok I figured it out
hmmm
say what?
please notify
not notifying
yes it is
ok not now
well maybe