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Should celebrities get discounts? Would that influence you? - Cyburbia Forums | Urban Planning Community
Planetizen is pointing a link to a Real Estate Journal article about celebrities getting discounts on condominiums and real estate because the developer wants to advertise that they live there.
To Draw Celebrities, Developers Quietly Cut Prices on Condos
The questions for discussion are these:
1.
Should celebrities get discounts on condos, apartments, homes, whatever, just because they are celebrities?
2.
Would you be influenced to select a certain neighborhood or apartment complex or whatever because a celebrity lived there?
Does it depend on who the celebrity is?
Discuss.
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Quote: : Iliff Planetizen is pointing a link to a Real Estate Journal article about celebrities getting discounts on condominiums and real estate because the developer wants to advertise that they live there.
To Draw Celebrities, Developers Quietly Cut Prices on Condos
The questions for discussion are these:
1.
Should celebrities get discounts on condos, apartments, homes, whatever, just because they are celebrities?
2.
Would you be influenced to select a certain neighborhood or apartment complex or whatever because a celebrity lived there?
Does it depend on who the celebrity is?
Discuss.
My answer to both would be no.
They shouldn't get discounts, though that probably happens all the time.
Money tends to attract money and deals get cut.
As for living near one-no way.
First, I've never bought in to the celebrity thing.
Second, I imagine it's a pain living near them.
With the paparazzi, tourist sense of entitlement, etc, if would not be worth it.
Plus, I'm a planning geek, I'd rather hang out with my own.
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Why not....that's the capitalist way isn't it "sell" a unit to a celebrity and milk it for all it's worth
I took a ULI sponsored tour of the Las Olas River House Condominiums a couple years ago in Ft.
Lauderdale and Dan Marino's name came up at least a dozen times by the builder/owner representatives at the tour.
Of course its a major status thing to be in the same building as "insert celebrity name here." At the time, the main building was done and only had about a 45% occupancy rate....if you believe the brokers Check out their website:
http://www.arvidrealtyservices.com/l.../lasolas.shtml
The cheapest studio/one bedroom units were over $400,000 at the time I'll bet they are closer to $350k now
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Quote: : Iliff
The questions for discussion are these:
1.
Should celebrities get discounts on condos, apartments, homes, whatever, just because they are celebrities?
2.
Would you be influenced to select a certain neighborhood or apartment complex or whatever because a celebrity lived there?
Does it depend on who the celebrity is?
Discuss.
1.
No, they should not get discounts just because they are celebrities.
However, if they are willing to let their name/image/endorsement be used in advertising a specific development, then why not give them a discount?
Is that really any different than just flat out paying a celebrity to endorse something?
2.
No, and no.
Oh, and an obligatory "who are these celebrities of which you speak?"
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I don't really like the fact that celebrites often get a free ride while the rest of us pay full-rate but I'm certainly not going to advocate the practice be outlawed - these are private business transactions.
I definitely don't like it when celebrites get preferential medical or legal treatment.
As for living near a celebrity - I wouldn't go out of my way to buy into a project that had someone famous living there, but on the other hand it would be kind of neat to live in the same building as someone I'm a fan of - I'm thinking a small "c" celebrity like a local musician or artist, not someone the paparazzi is going to be hiding outside waiting for.
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If Richard Dean Anderson bought a condo here, I would do everything in my power to buy one next door.
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Quote: : Oh, and an obligatory "who are these celebrities of which you speak?" I was thinking of people famous for actually doing someting, not just famous for being famous.
We certainly have watered down the meaning of celebrity by extending that designation to people who don't display a talent or otherwise provide something of entertainment value.
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Being a celebrity myself, I say but of course!
Yes its true I am the love child of Tom Cruise and Zsa Zsa Gabor.
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I have no problem with celebrities getting discounts based upon who they are.
It's likely a good business practice.
In fact, I wonder why some enterprising condo developer hasn't done that with some of the local pro-athletes.
They'd probably sell an entire condo tower if they advertised that Sidney Crosby or Jason Staal bought the penthouse.
Granted, it would be a building full of single women.
But hey, if that's the market....
I for one wouldn't move somewhere because a celebrity lived there as I prefer being the famous neighbor.Who needs the competition?
Off-topic: Quote: : If Richard Dean Anderson bought a condo here, I would do everything in my power to buy one next door.
So Selma, when did you quit working at the DMV?
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My question is, do they pay taxes on the value of the home or the discount price?
Hollywood was up in arms when the IRS started cracking down and taxed the swag bags from award shows.
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Sure, why not. If it is a private transaction and it gives that smart developer the slight market edge over competitors, then good.
The wonders of capitalism.
I would probably be fine if I accidently lived in a building with a celebrity, but I certainly wouldn't choose to live there only because of a celebrity.
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If they can get a discount, more power to them, we all try to negotiate the lowest price that we can get.
It is the American Way (imagine an appropriate patriotic hymm playing the back ground while you are reading this )
As for living near some one who is famous, it depends on who it is.
With some celebs, you could catch some sort of disease with some of them you may get caught up in a drive by or some other violent occurence
And with some of them you would be caught in periodic traffic jams (and you can't get home or get out ) while everything is shut down for their convenience while they are being driven to and/or from their "place".
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Quote: : . . . but I certainly wouldn't choose to live there only because of a celebrity.
But would it influence you?
All other things equal, would you choose the condominium complex with the celebrity?
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Quote: : Iliff But would it influence you?
All other things equal, would you choose the condominium complex with the celebrity?
No. Maybe. Depends.
Is she a super hottie?
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To be perfectly honest, I don't run in those kind of financial circles
Are there any position openings at your place of employment?
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No, they shouldn't get discounts, nor should they have to pay more because they have more money.
You can't discriminate.
Everyone should pay the price.
I probably wouldn't want to live near a celebrity because, as mentioned, it would draw more paparazzi, tourists, crime, etc.
And invade on my tranquility and privacy.
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Well... if I knew a celebrity was going to live/lives where I want to buy a house...
I'd look elsewhere.
Besides common logic says that if a celebrity gets a discount, you're going to pay for your house plus a part of the discount that said celebrity got.
Celebrities should be locked away in a bunker filled with cameras...
They love the attention so they won't mind, and most braindead non celebrities will watch them anyways.
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Celebrities shouldn't have to pay anything for housing.
They are a better brand of people than you and me (that's why they're famous, you know) and it's a shame that there are still people in this world who actually expect them to do things like wait in lines, follow laws, or pay money for things like clothing, houses, cars, or pencil sharpeners.
God, what I wouldn't give to live next door to a celebrity!
Maybe some of their greatness might rub off on me if I lived close to one.
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Off-topic: Quote: : Celebrities shouldn't have to pay anything for housing.
They are a better brand of people than you and me (that's why they're famous, you know) and it's a shame that there are still people in this world who actually expect them to do things like wait in lines, follow laws, or pay money for things like clothing, houses, cars, or pencil sharpeners.
God, what I wouldn't give to live next door to a celebrity!
Maybe some of their greatness might rub off on me if I lived close to one.
I just thought of a very good one-liner involving Paris Hilton's privates, the paparazzi, and subsidized housing vouchers.
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Quote: : Iliff But would it influence you?
All other things equal, would you choose the condominium complex with the celebrity?
I wouldn't live in a condo if the developers paid me to do it!
Seriously. Unless it was a weekend place on the beach.
Down here you are more likely to find celebrities in single-family neighborhoods.
Basketball players and golfers, mostly.
Even if I could afford to live there, I wouldn't.
Not that I give a rat's a$$ about who else lives there (I wouldn't) but because they're so deed-restricted.
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Quote: : Off-topic:
Paris Hilton's privates Isn't that an oxymoron?
To keep on topic...
A.
No real celebrity would live anywhere that I could afford payments.
B.
I wouldn't live anywhere for that reason anyway.
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It depends. Will I get invited to their parties so that I can case their place and rob it later on?
I want to get my hands on some of that swag too!
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Now that I think about it, if I had the financial resources to live in a condo that had a "celebrity" living in there, (regardless of the celebrity classification) I would be such an elitist that I would not live there.
In fact I would be such an elitist that I would not live there if I was living there
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