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Luxury homes designed -- want to maybe the latest trend well obviously singles I guess but we're talking high -- bachelor and bachelorette pads with -- Jackson used the mansion reports from the Wall Street Joseph.
-- this is a trend story.
Yet you're telling me that wealthy young the botulism back to arrests what's the what's the correct tone for single -- and -- bachelorette.
-- -- -- -- is that legit.
Sure don't -- I -- they get anybody to correct these days you never amounted to.
I was about -- list of and the trend is towards bigger and more expensive bachelor pads correct.
That's right how big.
In some cases what you would think of is that large family estate sized town just for one person I came across one example of a single guy who bot.
A place in the Miami area six -- 6000 square feet.
Which he converted into -- one bedroom for himself.
How many thousands Clinton.
And he made that into a bachelor pad yet -- remodeled it and that actually not a -- one giant as I don't either can go along with the -- -- bachelor pad that's convulsion.
All right 6000 square feet how much.
That place I believe sold for something around ten million and they're really big place is -- an explosion in the number of youngsters on -- in the 20s30s -- or whatever it is well -- moaning as you probably know that people are waiting longer to get married and people are divorcing at a higher rate as well so there's the second single hood and then there's people kind of waiting until they're in their late thirties early forties to get married and by that time they have a lot of money and put together.
An amazing house just themselves when I think of a bachelor pad Monica.
I think given apartment in New York City you think -- like -- cooler and a bear -- don't know I do not so you know the other what.
Contract and if about is still value on these properties because like this guy company gets a six bedroom apartment which she converts to a one bedroom.
If the value of that property been diminished because he now has -- John.
Huge John -- as one -- -- -- -- that that's I thought was the most interesting thing in this story is that the resell value for these is actually fairly strong I mean in some cases these.
Singled them -- them to be so specific to their lifestyle you know -- from his table in the living room or something like that that you do need to make some adjustments to resell them but.
There's a lot of single looking for these types place what do money look.
-- -- -- Do you look on this 3% -- that is that that's obviously a bachelor pad I guess can you identify them and not in the name of the -- -- -- know where is that.
Yeah that is a bachelor pad I believe in the Los Angeles area and this is actually interesting one it's two twins.
And they both -- bachelor pads in the Ritz -- in -- in LA downtown LA.
Near images of each other different design styles but -- is that -- -- they identical twins.
I don't think they're identical but they are -- There's a building across in -- that when it was built and designed to rotates everyone was given the view of the Manhattan but you have to be single -- -- there.
I mean isn't any isn't -- anything like that going -- -- we actually -- entire buildings and -- -- single.
Well developers are definitely responding they're adding more amenities that singles would like I mean they're -- like places to socialize and kind of hang our rooms and exactly right and buildings -- -- I haven't seen one it's just for singles 'cause they're so high and they wouldn't maybe want to limit it that way but they're definitely adding things that would appeal to single hi this is just.
All ammunition for the left the left is gonna look at this -- -- -- those rich people they can afford to pay more in taxes 6000 square feet for a bachelor pad.
You know what you're doing you.
But the but I candidacy may well be back next week thank -- very much of -- Kenneth Jackson Wall Street Journal mentioned addition effective one cal.
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