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Malibu Becomes the New Capital

 - Dec 18, 2006   Updated: Apr 28 2011
References: online.wsj
If it's cool for celebrities to go to rehab, then the need for luxury rehab seems obvious. In fact, luxury rehab is changing the face of Malibu, "But at luxe centers that charge $35,000 to $75,000 a month, many clients expect five-star service, not equality." Makes you wonder what this will do to property prices.

Implications - with great views, plenty of activities and luxurious bed spreads, going to rehab seems more like a high-class vacation. These exclusive resort-like centers make create the relaxing environment for the wealthy population to overcome whatever addiction they may have. It gives them the ability to focus on fixing themselves without having to give up all the conveniences that their money can buy.