LA house for sale for $500 Million - My comment: Is RE in a gigantic bubble ? California Dreaming: Record $500 Million Tag on L.A. Home : https://www.bloomberg.com/news/articles/2015-05-26/california-dreaming-record-500-million-tag-on-l-a-home Excerpt: One of the biggest homes in U.S. history is rising on a Los Angeles hilltop, and the developer hopes to sell it for a record $500 million.