I have learned so much from your channel while really enjoying myself! My wealthy friend recently bought a nightmare high-end house , I can now look at her house and understand all the mistakes she made. Your tips apply to regular Joes buying normal houses as well!
Another thing that matters in big cities is how close you are to schools firehouses police departments etc. those are the places that get the best roads & sidewalks and, if you live in the Midwest or anywhere with bad weather, it is the area that gets electricity restored first as well. My last house was tucked away in a small tree covered gully. It had perfect everything -privacy, views from the second level, trees, river, etc. but whenever the power went out after a severe storm or blizzard it took 2 sometimes 3 days for them to get the power restored bc my area was last on their list of importance bc there were no schools, libraries, police stations around etc. If you do live a bit off the beaten path you definitely need to buy a generator or invest in solar panels.
I can't tell if this is serious or not. In my opinion you don't want to live near the fire department etc, because of the loud sirens, and all the roads should be in good condition. Also, they should maintan power lines and keep them under ground, so that you are never left without electricity for more than 5 minutes, like here in "poor" Poland in Europe ;)
@@bognagruba7653 that’s bc you live in a city or town with smart leadership. But yea my post was serious. The positives of living near a firehouse outweigh the negative unless you’re living like directly across the street from one.
@@bognagruba7653 Things are working differently in densely populated Poland and Europe, everything is not that far apart, and the extreme weather isn't that common. America is just vast. I lived in Utah, it's 70% size of Poland, but has only 3-4 million inhabitants. Heatwaves in summer and tons of snow in winter. Salt Lake City has 200k inhabitants, but occupies the same area like some 700-800k inhabitants cities in Europe. It means way more infrastructure which can break and has to be fixed. American suburbs are quite cool to live, but everything being so far apart has also downsides.
sure will make more of these, but no one else does critique / analysis videos of homes either, but i guess that's really niche and this is not @@stanlee3619
@@ArvinHaddadOfficial Your critiques of homes are educational and entertaining; no one else is willing to point out negatives. This was mind blowing for its educational content.
Some might get offended by your analysis, but we do not live in a fairy tale, and you tell the truth. Exclusivity increases value. That means no random people walking your neighborhood, or your neighbor being able to reach out their window and touch your outside wall, or paying millions of dollars to live across the street from government housing where the tenants pay zero money for your same views. Real estate is not just a place to live for some people but an investment and I feel most people want to avoid situations where their investments depreciate.
Try gated Bayshores Newport Beach. A lot of the homes have little setbacks but with boat docks. Beverly Hills is so passée. Two of my cousins and their families have properties in the flats and Trousdale. I lived there right outta college in a condo for quite a few years….Times have changed and in Southern CA, Orange County is so much better: Shady Canyon Irvine and Newport Coast.
What about the WALL of mobile homes parked all the way along the PCH in Malibu? All on the beach side of the street, in front of a row of Luxury homes that USED to be right on the beach! lol
I hate neighborhoods with huge, cheek-by-jowl McMansions on tiny, postage stamp lots. They are tacky, in poor taste, starved for character, and scream, "Look at me! Please! I'm a social climber with new money that I need to show off to feel good about myself!" Definitely the mark of a parvenu and arriviste. People who have already made it have no need to impress anyone. The wealthiest, old money people I've known live in large, comfortable homes that don't have a "wow factor" because the owner couldn't care less about that.
@@ArvinHaddadOfficial like nobody does any cost detail vids, producermichael who reviews homes, often the same as yours, did it once and it was pretty popular. Like show people what the actual owning cost of some megamansions is. I had no idea a big house up the hills has a typical electricity bill of 6k a month for example. People watch that because its so bizarre and nobody shows them the "downsides" of owning one of these mega dream homes.
What is the source of income of people that live in Beverly Hills that allows this many homes, and I stress the volume of homes, at these valuations? I'm on the East Coast, and outside of Manhattan. Alpine has the most expensive homes in New Jersey and the sustainability of those prices makes sense given many of the residents. The most expensive home there, Stone Mansion sold for $27.5 m. Most of the high-end homes, and there aren't that many, are from $15m to $22.5 m. This area is notably home to comedians like Eddie Murphy, Chris Rock, etc. and various executives who commute into Manhattan. I understand how the handful of mansions there are paid for based on the occupation of the residents. Arvin has reviewed enough videos of Manhattan properties in the tens of millions, but even Manhattan seems to pale in comparison to the number of homes at those prices in Beverly Hills. But what industry is driving Beverly Hills? I get Jeff Bezos and his mansion, but there aren't that many Jeff Bezos in the world. And I wonder how much time he even spends there. Is it all actors, musicians and producers? If so, are there really that many that are so successful they can drop $10-20m on a home? Are they investment properties with no one there? Very curious.
This analysis clearly demonstrates how the private, local, selfish interests of the individual homeowner can go against what almost every contemporary urban planner and environmentalist, and by extension the general public, advocates for: affordable, higher density housing with walkable access to amenities.
People invest a lot of money into their property. Why would they purposely shoot themselves in the foot to make things better for the people who have not invested as much? You might not like that real estate is an investment, but that is reality. What Arvin is saying is correct. Do some homeowners want walkable neighborhoods? Maybe, but will their properties be worth more if fewer random people walked around? Yes, obviously. The same thing goes for affordable housing. Which property is worth more, the one next to cheap homes, or the one far away from cheap homes? I think you know the answer.
@@JohnPrepuceWell in Europe, many desirable neighbourhoods, where even the super rich live, have walkable neighbourhoods. London has some of the most expensive property per a square foot in the world and yet we will have a 40 million pound house next to a council estate (social housing).
@@JohnPrepuceSo in your view, the person who has the money can act without any regard for their fellow man? A lot of people who have second or third homes don't come from the area. An area might get affluent because of the local culture, which draws in the celebrities and super rich. Then the new money can rig the system? Doesn't seem fair.
@@uioplkhj - Yes and those properties would be worth even more if they had all the traits mentioned in the video. A huge mansion surrounded by gardens and a wall in the middle of London would be worth much more than 40 million pounds. The point is not whether something is overvalued, which is true of most all real estate in the US, but whether the property retains and increases in value as an investment. Having the desirable traits Arvin stated is sure way or achieving that.
The problem with your analysis is your inability to decipher and delineate the demographics of people buying real estate in general. There are people with money that are not a part of a higher educated class buying property. There are also opportunists, entrepreneurs and criminals with money buying houses.
That’s rare and statistically insignificant, plus most people wouldn’t want to be next to criminals…. You can find a place where the higher education is currently low but it’s improving is that the point ur making?
@@ArvinHaddadOfficial You are the best analysis I have found on TH-cam thus far, but my point is that "Hollywood" is not what most people think it is. Its mostly cheap developers flipping boxes to get the most bang for their buck on room dimensions. I especially love the ones with the 80's finishes to make it look dated and not a contemporary shoe box that will still have to be gutted/torn🤣 .
No... Right wing governments tend to relax zoning restrictions to let property owners do what they want. The owners then respond to market forces and increase density on their land by building additional housing units. The governments do not increase the density, they simply stop banning it.
Coming from Orange County and recently touring $40M homes North of Sunset, I'm amazed at how dense the housing is, how narrow the streets are, and how generally unappealing it is to drive in Beverly Hills and Bel Air. It is so much more pleasant, calming, and beautiful to live in the OC. Having said that, Newport Coast homes have little-to-no character, but as @arvinhaddadofficial says in this video, you can add character and finishes. In BH, you get more character, but you also get the 10 and the 405...
I get smarter every time I watch one of your awesome videos!
Thanks my man
I have learned so much from your channel while really enjoying myself! My wealthy friend recently bought a nightmare high-end house , I can now look at her house and understand all the mistakes she made. Your tips apply to regular Joes buying normal houses as well!
more contents like this pls!
Arvin this is the best video you have produced yet. Absolutely top quality. Do more of these.
Thanks for the support Gordon... you got it...more to come
just posted a review of THE HOME ALONE house check it out and let me know your thoughts
I love these more detailed videos.... Very informative, thank you Arvin and well done
Glad you like them! Will do more
just posted a review of THE HOME ALONE house check it out and let me know your thoughts in the comments
@@ArvinHaddadOfficial oh wow, aiit will do
Wow!! Excellent video! Very, very informative. Thank you, RC
Thank you for the support
just posted a review of THE HOME ALONE house check it out and let me know your thoughts in the comments
Another thing that matters in big cities is how close you are to schools firehouses police departments etc. those are the places that get the best roads & sidewalks and, if you live in the Midwest or anywhere with bad weather, it is the area that gets electricity restored first as well. My last house was tucked away in a small tree covered gully. It had perfect everything -privacy, views from the second level, trees, river, etc. but whenever the power went out after a severe storm or blizzard it took 2 sometimes 3 days for them to get the power restored bc my area was last on their list of importance bc there were no schools, libraries, police stations around etc. If you do live a bit off the beaten path you definitely need to buy a generator or invest in solar panels.
I can't tell if this is serious or not. In my opinion you don't want to live near the fire department etc, because of the loud sirens, and all the roads should be in good condition. Also, they should maintan power lines and keep them under ground, so that you are never left without electricity for more than 5 minutes, like here in "poor" Poland in Europe ;)
@@bognagruba7653 that’s bc you live in a city or town with smart leadership. But yea my post was serious. The positives of living near a firehouse outweigh the negative unless you’re living like directly across the street from one.
@@bognagruba7653 Things are working differently in densely populated Poland and Europe, everything is not that far apart, and the extreme weather isn't that common.
America is just vast. I lived in Utah, it's 70% size of Poland, but has only 3-4 million inhabitants. Heatwaves in summer and tons of snow in winter. Salt Lake City has 200k inhabitants, but occupies the same area like some 700-800k inhabitants cities in Europe. It means way more infrastructure which can break and has to be fixed. American suburbs are quite cool to live, but everything being so far apart has also downsides.
Architects must see this channel
I'm glad you are taking this serious look to show everyone how smart you are.
more educational video?
@@ArvinHaddadOfficial Yes, this was great. No one else does this.
sure will make more of these, but no one else does critique / analysis videos of homes either, but i guess that's really niche and this is not @@stanlee3619
@@ArvinHaddadOfficial Your critiques of homes are educational and entertaining; no one else is willing to point out negatives. This was mind blowing for its educational content.
NoHomo 😎👌
I feel like I traveled down a few computing directories on this one. Very informative. Thank you!
This is SUPERB advice
Some might get offended by your analysis, but we do not live in a fairy tale, and you tell the truth. Exclusivity increases value. That means no random people walking your neighborhood, or your neighbor being able to reach out their window and touch your outside wall, or paying millions of dollars to live across the street from government housing where the tenants pay zero money for your same views.
Real estate is not just a place to live for some people but an investment and I feel most people want to avoid situations where their investments depreciate.
Very helpful, thank you
Curious what your thoughts are on Los Feliz (north of Los Feliz Blvd)? How does it stack up to other areas shown in this channel?
Try gated Bayshores Newport Beach. A lot of the homes have little setbacks but with boat docks. Beverly Hills is so passée. Two of my cousins and their families have properties in the flats and Trousdale. I lived there right outta college in a condo for quite a few years….Times have changed and in Southern CA, Orange County is so much better: Shady Canyon Irvine and Newport Coast.
What about the WALL of mobile homes parked all the way along the PCH in Malibu? All on the beach side of the street, in front of a row of Luxury homes that USED to be right on the beach! lol
I’m not an American so imo that list should be like this:
1- alligators
2- crime rates
3- tornado/hurricane risk
4- alligators and crime rates again
How about rattle snakes?
Can not believe that ,'so your home gets robbed less' is a key point in a 130million house area.
Arvin, how do you sell homes that you don't like?
I hate neighborhoods with huge, cheek-by-jowl McMansions on tiny, postage stamp lots. They are tacky, in poor taste, starved for character, and scream, "Look at me! Please! I'm a social climber with new money that I need to show off to feel good about myself!" Definitely the mark of a parvenu and arriviste. People who have already made it have no need to impress anyone. The wealthiest, old money people I've known live in large, comfortable homes that don't have a "wow factor" because the owner couldn't care less about that.
Really good vid! There is a reason you are the best!
Thanks for the support will try making more of these videos
@@ArvinHaddadOfficial like nobody does any cost detail vids, producermichael who reviews homes, often the same as yours, did it once and it was pretty popular.
Like show people what the actual owning cost of some megamansions is.
I had no idea a big house up the hills has a typical electricity bill of 6k a month for example.
People watch that because its so bizarre and nobody shows them the "downsides" of owning one of these mega dream homes.
I think your videos are pretty good, but just curious when you say “futures” do you actually mean “features”?
Why is Tract Housing so anxiety inducing ?
What is the source of income of people that live in Beverly Hills that allows this many homes, and I stress the volume of homes, at these valuations?
I'm on the East Coast, and outside of Manhattan. Alpine has the most expensive homes in New Jersey and the sustainability of those prices makes sense given many of the residents. The most expensive home there, Stone Mansion sold for $27.5 m. Most of the high-end homes, and there aren't that many, are from $15m to $22.5 m. This area is notably home to comedians like Eddie Murphy, Chris Rock, etc. and various executives who commute into Manhattan. I understand how the handful of mansions there are paid for based on the occupation of the residents.
Arvin has reviewed enough videos of Manhattan properties in the tens of millions, but even Manhattan seems to pale in comparison to the number of homes at those prices in Beverly Hills.
But what industry is driving Beverly Hills? I get Jeff Bezos and his mansion, but there aren't that many Jeff Bezos in the world. And I wonder how much time he even spends there. Is it all actors, musicians and producers? If so, are there really that many that are so successful they can drop $10-20m on a home? Are they investment properties with no one there?
Very curious.
This analysis clearly demonstrates how the private, local, selfish interests of the individual homeowner can go against what almost every contemporary urban planner and environmentalist, and by extension the general public, advocates for: affordable, higher density housing with walkable access to amenities.
Seems like urban planning is about fitting people into tiny coffins in the name of housing.
People invest a lot of money into their property. Why would they purposely shoot themselves in the foot to make things better for the people who have not invested as much? You might not like that real estate is an investment, but that is reality. What Arvin is saying is correct. Do some homeowners want walkable neighborhoods? Maybe, but will their properties be worth more if fewer random people walked around? Yes, obviously.
The same thing goes for affordable housing. Which property is worth more, the one next to cheap homes, or the one far away from cheap homes? I think you know the answer.
@@JohnPrepuceWell in Europe, many desirable neighbourhoods, where even the super rich live, have walkable neighbourhoods. London has some of the most expensive property per a square foot in the world and yet we will have a 40 million pound house next to a council estate (social housing).
@@JohnPrepuceSo in your view, the person who has the money can act without any regard for their fellow man? A lot of people who have second or third homes don't come from the area. An area might get affluent because of the local culture, which draws in the celebrities and super rich. Then the new money can rig the system? Doesn't seem fair.
@@uioplkhj - Yes and those properties would be worth even more if they had all the traits mentioned in the video. A huge mansion surrounded by gardens and a wall in the middle of London would be worth much more than 40 million pounds.
The point is not whether something is overvalued, which is true of most all real estate in the US, but whether the property retains and increases in value as an investment. Having the desirable traits Arvin stated is sure way or achieving that.
It's called a tract home, not track home.
The problem with your analysis is your inability to decipher and delineate the demographics of people buying real estate in general. There are people with money that are not a part of a higher educated class buying property. There are also opportunists, entrepreneurs and criminals with money buying houses.
That’s rare and statistically insignificant, plus most people wouldn’t want to be next to criminals…. You can find a place where the higher education is currently low but it’s improving is that the point ur making?
@@ArvinHaddadOfficial You are the best analysis I have found on TH-cam thus far, but my point is that "Hollywood" is not what most people think it is. Its mostly cheap developers flipping boxes to get the most bang for their buck on room dimensions. I especially love the ones with the 80's finishes to make it look dated and not a contemporary shoe box that will still have to be gutted/torn🤣 .
@@ArvinHaddadOfficial Seems like you offended Kensington. Next time, make a video that appeals to the uneducated criminal opportunists.
@ArvinHaddadOfficial I think @stanlee3619 is butthurt. The head of the herd off the uneducated butthurts. No homo 👍
@ArvinHaddadOfficial I think @stanlee3619 is buttherd. The head of the herd off the uneducated butthurts. No homo 👍
💡 so THIS is why right wing govts increase density in left wing suburbs: to bring house prices down
Source?
No... Right wing governments tend to relax zoning restrictions to let property owners do what they want. The owners then respond to market forces and increase density on their land by building additional housing units.
The governments do not increase the density, they simply stop banning it.
Coming from Orange County and recently touring $40M homes North of Sunset, I'm amazed at how dense the housing is, how narrow the streets are, and how generally unappealing it is to drive in Beverly Hills and Bel Air. It is so much more pleasant, calming, and beautiful to live in the OC. Having said that, Newport Coast homes have little-to-no character, but as @arvinhaddadofficial says in this video, you can add character and finishes. In BH, you get more character, but you also get the 10 and the 405...