Those don’t even look like anything special. And the location is amazing but also probably $$$$ to insure.
If I’m spending the equivalent of the price of a whole damn house in rent per year I better at least have the kind of house where you host all the family holidays.
only the very rich (a LOT of very famous actors and actresses and people in the film industry) but beach houses right on the ocean. they can afford it no problem, i was in malibu beach recently and saw pierce brosnan’s house, which he put on the market for $300 mil (it didn’t sell lol but still. beachfront property is out of reach for the 99%