Just saw this on Bloomberg Business's website: A developer building a 74,000-square-foot spec house in Bel Air is hoping to sell it for half a billion dollars. The price, though, isn't what startled us. It's how much water the place will soak up, what with its four swimming pools and 20,000 square feet of lawn.
Then again, if you're spending $500 million to buy your dream house, you can probably afford to fill those pools with bottled water. Or build your own mini desalination plant. (Hat tip to Dave Pell's Next Draft newsletter.)