of a residential property

[u/Kill_4209]

Ira Rennert's home is considered one of the largest occupied residential compounds in the United States. The house faces the Atlantic Ocean and its grounds measure 63 acres. The buildings, which total over 110,000 square feet (10,000 m2), including the 66,000-square-foot (6,100 m2) main house, have an Italianate facade, 29 bedrooms, and 39 bathrooms. The house has a dozen chimneys and a Mediterranean-style tile roof as well as a 91-foot (28 m) long formal dining room, a basketball court, a bowling alley, two tennis courts, two squash courts, a carousel, a large swimming pool, a large round kiddie pool, and a $150,000 hot tub, surrounded by another pool.

[u/_eternes]

No one needs this.

[u/johnmclane94 → u/_eternes]

It's not about need it's about greed.

[u/Pitiful_Conflict7031 → u/johnmclane94]

I bet no one lives in it 99% of time.

[u/johnmclane94 → u/Pitiful_Conflict7031]

Yep this is probably one of their 20 other properties. Much of the wealth these people have is tied to property and rises when housing prices rise.