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Los Angeles

WATCH: TRD discusses the realities of LA’s spec mansion craze

In The Real Deal Los Angeles’ latest issue, the magazine took a look at the fast-growing world of ultra-luxury spec homes, where some of L.A.’s most deep-pocketed investors shell out tens, or even hundreds, of millions to create extreme residences catering to the global 0.01 percent.

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The resulting story, “La La Land values: A peek at the numbers behind the spec homes arms race,” provides an in-depth look at this risky niche market.

To see Katherine Clarke discuss the story with TRDLA managing editor Hannah Miet, tune into the video above.

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Bruce MakowskyLA Spec MansionsNile Niami