For most people, these images of the residence located at 32852 Pacific Coast Highway seem like captures from a faraway dreamland. Only those who can afford to shell out a cool $26 million without breaking a sweat should consider this luxury home as a potential abode.
The 32852 Pacific Coast Highway house is located mere minutes from Malibu beach, and at 6,152 square ft., it is the epitome of spacious summer living. Between the massive pool, opulent decor, indoor bar and abundance of planted palm trees, this Malibu mansion will make one lavish family the envy of all.
Implications - As the recession begins to ease, many people are now thriving off opportunities to exude their lavish ways of the past. Companies that create investment products that consumers feel comfortable paying high price tags for will fair well with individuals willing to spend their cash.
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