Rick Ross' 44k Square foot 5.8m mansion has lost -53% of it's value since he bought it

[Robo Squirrel]

If a white CEO bought it I bet it would be worth 15 mil

I need to find that article that just came out of the blk family who was selling their home. They took their names off the shyt and put some white friends info and the price went up 50%. I shyt you not.

How is that even possible and why Coli Real Estate Billionaires?

 

[CodeBlaMeVi]

nobody spends 6M on real estate expecting it to depreciate.

That doesn’t include the work he put into it.

 

[spencerforhire]

He makes money off it for movies but I don't know how much

Exactly and how often? It's still isn't worth it.

 

[diggy]

Exactly and how often? It's still isn't worth it.

Out of curiosity, I googled and it listed Superfly (2018) and Coming to America 2 (2021), he said he got 2.75 Mill for CTA2

 

[Akae Beka]

At this rate, my home will be worth over a million in 4 yrs.

 

[BlackBall]

Market crash incoming

 

[Koapa]

Who apprised it

Bingo

 

[iBrowse]

Who apprised it

Facts. Sad but true issue with us.

 

[MoveForward]

It's just an estimate based on the sales in the zip code, it's not an appraised value for the property and it's not even on the market

yall really don't know how real estate works do you

and property values always go down then back up, its a buyers market right now and values will only to continue to dip

You’re right but it’s definitely a sellers market right now.

 

[Edub]

Who apprised it

Exactly…. only reason has to be cuz Ross owns it…. 53% loss, that’s ridiculous

 

[banner34]

This is the mike Tyson house situation all over again.

 

[Silver Surfer]

Exactly…. only reason has to be cuz Ross owns it…. 53% loss, that’s ridiculous

That does take in to account a property

 

[TEKBEATZ]

If a white CEO bought it I bet it would be worth 15 mil

This is what boils down too.

 

[Lootha VanDraws]

My cardboard box quadrupled in value this year.

Spoiler

#bumset

 

[klientel]

Those Redfin values wayyyyy off.


But that’s still not a good look to be down that much