These 170 million dollar homes are built like bomb shelters/bunkers.
They can withstand a direct hit.
Plus, when you area billionaire, you can always live in one of your other houses or yachts while that on eis being repaired.
Not to mention, FLORIDA is only their primary residence for no income tax reasons.
The same thing is happening here in NH. Houses along the ocean selling for $20 million. With $70K in property taxes.
But ZERO income taxes.
There is someone building a house across the road from mine. It is on 27 acres. They spent $750K on the land to build it on. Then spent four months on excavation. It is a young couple with two kids. How did they get so rich?
Lottery. Can’t win if ya don’t play.