It seems that Harry and Meghan have found themselves in a bit of a predicament as their Montecito home has lost its value.
This raises several questions about whether this is one of the main reasons why Meghan is having trouble getting a competitive price in the market.
Despite California real estate being typically hot, with residents flocking to buy properties, the royal couple’s privacy and home are still on the market.
This is due to an unfortunate incident of manslaughter that occurred nearby, tarnishing the neighborhood’s reputation.
It’s quite perplexing why the climate change warriors, who have a family of two adults and two infants, chose a location that is miles away from their source of income.
One might argue that they didn’t necessarily have to live in a caravan to downsize, but they could have opted for a penthouse in the city and a cabin in the woods for weekend getaways.
Security concerns should not have been an issue, as they could have chosen a secure building with private elevators and 24-hour security guards.
Instead, they rushed into becoming mansion estate owners, making yet another poor decision.
It seems they never took the time to consider the consequences of their actions.
Their Montecito property has faced numerous problems since its purchase.
Although the price was relatively low for a gated community, it is not an ultra-exclusive enclave like many others in the area.
The surrounding neighborhood is filled with families and children enjoying their daily activities.
Harry and Meghan’s home is one of the few with security gates, but even these gates and walls are covered with tarps, giving an unsightly appearance.
The excessive number of cameras lining the driveway also adds to the unattractive aesthetics.
Furthermore, Montecito is not where the real money people reside.
Celebrities like Oprah and Ellen live in fenced plots with acres of land, completely separated from the road and neighbors.
It is surprising to see how close Harry and Meghan’s home is to ordinary people.
It can be considered an entry-level or level 2 property, far from the extravagant trophy estates that can cost anywhere between 500 and 100 million dollars.
Reports suggest that the couple has also faced plumbing issues since their house was built at a low price.
The mansion itself lacks taste, especially when compared to the historic charm of Montecito.
Additionally, nearby areas have been affected by large weeds, which only adds to the disappointment of their purchase.
It is astonishing that they invested in a property without conducting a thorough home inspection or considering the potential impact of natural disasters or quality of life issues.
They failed to consult neighbors or research nearby attractions that could affect their family life.
One cannot help but question who advised or influenced them to make this purchase.
Although Oprah initially drew attention to the property, others have also discussed it.
It seems that Harry and Meghan believed they would be successful in Montecito, even considering the option of flipping the house while still residing in it.
Their plan was to attract buyers willing to pay millions more for the bragging rights of living in a house once owned by royalty.
However, it is unlikely that anyone would be willing to spend such a significant amount on an already expensive mansion in an area full of celebrities.
Meghan reportedly despises their Montecito home, viewing it as a money pit that is expensive to maintain.
It comes as no surprise that she prefers the Beverly Hills Hotel.
It is worth noting that before settling on Montecito, Meghan had her sights set on Malibu.
She even attempted to showcase the area through PR efforts.
The couple had considered purchasing one of Mel Gibson’s former homes in Malibu, but the deal fell through.
In conclusion, Harry and Meghan’s Montecito home has become a costly mistake.
Their lack of financial sense and poor decision-making have led them to a situation where they may end up going broke.
They now find themselves living a life they claimed to desire, working ordinary jobs like real people.
It is evident that their dreams of becoming Montecito’s next big hit have fallen short.
The question remains: what were they thinking?