Hedge Fund Homes at a Discount

A slideshow. Not all the houses are that cool, and they're all located in the U.S. north-east (NY and CT), but some of them are nice. I wonder how many people can afford houses priced at $10mm+ and whether they buy them outright or take mortgages. For those London-based, house prices are even more depressing. In fact, given the terrible economic climate, rising taxes, and horrible weather, I'm beginning to wonder why anyone (me included) wants to pay so much money to live in that city.