It amuses me. Varyingly well-off to rich people fighting over a private street because someone couldn’t be bothered for thirty years to say, “Hm, we haven’t gotten our bill.”

A number of rich people that I know are actually really generous. They donate a lot of time and money to people and causes in need. They also pay a shit ton in property taxes, sales taxes, and income taxes; and that helps subsidize many less fortunate as well.

If they had missed a year’s bill/gotten it paid late, they might have a leg. But apparently its been decades since this happened...yeah someone picked up the idiot ball and ran with it.

The residents are trying to contest the sale, but they bought the street back in 2015. It’s unlikely it will be reversed. While I can sympathize with the problem of having your street bought up from in front of your house, there are neighborhoods all over the city that charge for parking permits, and I’m kind of…

“Sea fleas are in every ocean all over the planet...”

I didn’t know they have internet in the afterlife.

I read the article, but I’m saying it anyway.

Yea I am going to jump on this argument. Regardless of how much money you have or what it is being spent on, you expect that something like this wouldn’t happen or even be possible. I’d be livid if this happened to my street and I don’t own some million dollar McMansion.

I have a better idea.

Sorry, but I have the opposite reaction.

Did no one notice the checks weren’t getting cashed? Or were they, meaning something shady is afoot? So many questions.

You just summed up the entire Bay Area real estate market.

Pretty sure the residents will end up buying it from the couple at a healthy profit.

Damn right!!! Rich on paper is NOT rich on the streets - your assets can tumble overnight. Your so much % ownership in a s/w company can vanish at the trading day’s close. Your hard cash/ bank account balance is another story. People fail to see this and elevate these million $ home owners as Warren Buffetts, who is…

This is great. David please forward me the contact information for the new owners. I am looking for a safe and quite place to have events for my motor loving friends. I am thinking a schedule like this. Hours would be 5 pm to midnight or later.

While I like the shade in your last line...this isn’t really about wealthy people vs wealth people. I don’t think the Chengs are all that wealthy compared to the people who live on that street - otherwise they wouldn’t be trawling government auctions.

“seriously, that’s just a upper-middle class neighborhood”

Dude, Presidio Terrace is waaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaay above a “upper-middle class neighborhood.” But yeah, Gawker network sucks.

Upper middle class? Have you priced Bay Area real estate lately?

Those are dangerous because of the angle. Cross them at 90* and it’s merely annoying.