Saturday, February 14, 2015

Invasion of Giga-mansions

According to ABC News, there is an increase of uber sized mansions being built in  Beverly Hills and Bel Air. And the rich neighbors are not very happy with the constructions including Jennifer Aniston.

Here are my thoughts...

1. Why are you complaining so much if you also built mega mansions before...Yes, it is noisy with the construction and some invasion of privacy but to me, it seems like what capitalism does. Also, what you call truck noises and dangers are what ordinary people in LA face everyday. So I do not think it is an honest complaint.

I think if you want an legitimate complaint, you should complain about safety, environmental issues, and may be some noise issues. Please don't complain about capitalism.

2. Wow....human greed knows no limits...90,000 SQ FT! This is just really show off of greed. I do not blame anyone using their money the way they see fit but this seems ridiculous. I don't think two bars and two home theaters will make you twice as happier. The marginal utility is just not there. So economically it just seems odd.

3. Finally, it is your money but you can still make a better use of it by investing in things that create value from investing in people, businesses, and research.

Remember that capitalism is driven by economics and absurdities cannot persist long. Eventually negative net present value projects will cave.

No comments:

Post a Comment