Diddy House Raid Shouldn't Affect its Value
Lam Rashon Lam Rashon
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 Published On Apr 7, 2024

Diddy House Raid Shouldn't Affect its Value
Real estate guru Josh Flagg remains unfazed by the recent raids on Diddy's properties in L.A. and Miami, confident they won't dent their value. Speaking to TMZ, the "Million Dollar Listing Los Angeles" star noted Diddy's $40 million Holmby Hills estate's prime location and good condition, despite the federal raid. While the negative attention may hinder its appreciation, Josh believes even tainted properties can attract buyers, citing the recent sale of the Menendez house. He's optimistic that the scrutiny won't hurt real estate prices in Holmby Hills long-term, good news for Kylie Jenner, who listed her property there. Josh advises steering clear of mentioning the investigation in marketing materials, emphasizing the market's resilience amidst legal controversies.

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