Markets in Everything: Vacant House Parties
SANDY SPRINGS, Ga. — Some of the most elegant addresses in all of Atlanta are found in this wealthy enclave. Sprawling mansions that occupy 2- to 10-acre lots are home to some of the city's most prominent residents.
They were shocked last month when a massive Halloween party exploded in their midst. More than 1,000 people jammed the streets around the brick-and-rock mansion, paying $20 apiece for admission and riding shuttle buses from the parking lot of a nearby Publix grocery, police say.
The Halloween party was the latest of several in Sandy Springs in which empty mansions are rented for huge parties that draw complaints from neighbors. The Sandy Springs party planner was charged only with disorderly conduct, a misdemeanor, because he had permission from the property manager to host a party.
3 Comments:
"The Halloween party was the latest of several in Sandy Springs in which empty mansions are rented for huge parties that draw complaints from neighbors"...
Well maybe these 'Vacant House Parties' can be taken to Florida since it seems there'll continue to be plenty of room there for the next year or two...
Of course you had the Parties where Wells Fargo execs had parties at foreclosed houses in Malibu. (They did get fired for it when it came out) But actually not a bad idea for the bank to make some money off the property, just deploy adequate security to keep the neighbors happy.
Markets in anything... if you are insane.
One thousand Halloween partiers could do much more than $20,000 damage to a mansion. This doesn't even consider the liability issues or the fact that having a huge gathering at a private residence almost certainly was illegal. The owner's sanity is in doubt.
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