Why NO ONE Wants America’s Most Expensive Home

The largest modern mansion in America, known as “The One”, will hit the open market in January with a reported price tag of $250 million. With the extremely limited group of people that could afford such extravagance, it will be interesting to see what the mansion sells for and who will buy it. Cenk Uygur and Ana Kasparian discuss on The Young Turks. Watch LIVE weekdays 6-8 pm ET. http://youtube.com/theyoungturks/live Read more HERE: https://www.latimes.com/business/story/2021-11-30/the-one-mega-mansion-auction-january?_amp=true "The largest modern home in America could be auctioned in January starting at $250 million, its owner told a U.S. Bankruptcy Court official Tuesday. Developer Nile Niami’s Crestlloyd plans to hire two luxury home sellers to list the Bel-Air mega-mansion known as “The One” for that price and help find bidders for the auction, a reversal that could bring to an end a saga that has pitted a glitzy developer against a cadre of lenders. “We’re still going back and forth, strategically speaking, but we anticipate that the listing price will be approximately $250 million,” Crestlloyd manager Lawrence Perkins told the court. “Our goal is to run a thoughtful sale process to maximize the value from the small group of people in the world that can buy a property like this.”" *** The largest online progressive news show in the world. Hosted by Cenk Uygur and Ana Kasparian. LIVE weekdays 6-8 pm ET. Help support our mission and get perks. Membership protects TYT's independence from corporate ownership and allows us to provide free live shows that speak truth to power for people around the world. See Perks: ▶ https://www.youtube.com/TheYoungTurks/join SUBSCRIBE on YOUTUBE: ☞ http://www.youtube.com/subscription_center?add_user=theyoungturks
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