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-- -- The latest new trend to hit the tech industry.
A small photo some kind of tablet no -- it is at home.
In Lake Tahoe California the Wall Street -- mention report that -- Jackson has that story and she's here with -- tennis welcome back.
You've got a whole bunch of text celebrities.
Who have building mentions on Lake Tahoe who once thought was the first we've got here's Larry Ellison that we got some pictures of -- What she spent on the -- is a seven point six acre compound on the budget talk whose waterfront.
Yes so Larry Ellison actually owns at least three properties in Lake Tahoe that we know about and he's listed one of them for 28 point five million which is I believe what we're looking at now and this is right on the lake it's 9400 square feet.
It's a house he spent three years thoroughly remodeling like -- to to the studs and remodeled it planned to live in it but he actually has a much larger better place a little bit further.
Over on the lake city's gonna use this as primary Tahoe residents.
Have a gun though a couple of examples of a -- -- them this is something about Lake Tahoe that I should know about that attracts these guys -- billions of dollars.
It's beautiful it's close in proximity to Silicon Valley San Francisco where a lot of these guys -- -- and on the Nevada side no state income tax off.
Now -- it's sitting that I.
Talk I don't.
If it doesn't -- -- a -- now are you telling me that these tech titans have that property on the Nevada side.
A lot of them do it's not all of them you actually like many of them are buying on the California side simply because they're buying you know as a second home -- not setting up their -- there but for the ones that are.
Slightly older baby boomers.
Some of them are actually well look -- it was me -- Take up resolute about aside and make sure that I -- definitely a 180 days in each and every idea involving ahead you do something would should look -- primary residence that you wouldn't Nathaniel fashion to the government now -- you.
-- got my tax bill this the other -- it -- it -- my fair share then you know -- -- welcoming another example mentioned Lake Tahoe Steven Stoll I bet -- pictures and description please yes this is another place directly on the lake I think it's around 101000 square feet and he paid eleven point 875 million for it.
What did he do that Steve install what he's a venture capital and solve it -- based in the Bay Area dime a -- Number straight David don't -- Yet he also keep purchased the -- for 25 point five million this was the biggest sale in Lake Tahoe since 2008 I believe that this really.
Created a splash when it happened in December and Aaron this is just a fantastic place also on the lake.
I think it's similar in size around 101000 square feet.
But that -- face a look we've just given three examples through very good.
Three of the -- there a whole lot more rights -- yeah and there's a lot of you know younger face -- apple employees are also buying out there as well.
You know young families that like for the skiing in the summer summer activities and it's just kind of that the place that everybody.
You know is there -- -- -- yesterday Beverly Hills them Greenwich Connecticut and Hamptons in the some.
Now late Tom what's -- exactly are you prepared to say that that's that's the new -- -- less than the mega rich.
Well on the West Coast it really is becoming that I mean it's always been in place the great place to vacation but it's getting a lot of these big tech names especially from the Bay Area.
You all in at the mansion in addition I think that weekly edition the Wall Street Journal this is your stores have been a good one I feel much independence for me for -- -- For us.
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