Unfortunately there is a lot of class envy here on FR.
Some of it is class envy, others are pointing out the abject vanity of a man unwilling to buy an existing estate that at the peak was worth $13M+ that could now be bought for the same price as his new estate will cost.
Or he could have bought a home worth $8M+ at the peak and saved several million dollars...
In the end he is suffering from the same vanity of every man who buys a home above his payscale... once Huck gets canned on Fox his future earning potential is not going to support a mansion that must be costing him more than 10% of his GROSS worth.
Or to put it another way... the rule of thumb for the high net worth clients is do not spend more than 7% of net on housing.... For Huckabee to be spending in excess of 8.5M for housing would show he has a net worth of over 60M...
It’s possible, but highly unlikely if he isn’t into some shady dealings.
On top of that, unless his children are making huge incomes themselves year after year after year, the family will lose the house probably upon the death of the surviving spouse due to estate taxes...
Very questionable financial planning for a man using a FoxNews gig as his primary income.
I agree, and yet it always surprises me somehow. Other than that, to paraphrase Barbara Bush, Chuckles seems to really like Florida. I hope he stays there.