Miami heat: Phones are ringing off the hook as California billionaires look to drop 9 figures on homes in the 305

Miami heat: Phones are ringing off the hook as California billionaires look to drop 9 figures on homes in the 305

California billionaires like Larry Page are flocking to South Florida and its tax benefits, in turn, inflating home prices for luxury real estate.

Google cofounder Larry Page purchased two properties in Miami for $170 million. Mark Zuckerberg and Sergey Brin may be next.Jeff Bottari/Getty; Jeff Chiu/AP, Christopher Polk/Getty; Getty Images; Tyl… [+7417 chars]
Miami heat: Phones are ringing off the hook as California billionaires look to drop 9 figures on homes in the 305 - FHMnews