>>178758>These peacocking elements encase an 85-year-old wiry frame with shoulder-length silver-blond hair popping out on both sides of the floppy python hat. Oh, and he is typically accompanied arm-in-arm by a model roughly a quarter his age.
>In the early 1980s, he branched out on his own and began acquiring mobile home communities across California. These properties may not have had the glamor of high-rise towers or beachfront condos, but they offered something far more appealing to Goldstein: reliable cash flow, steady occupancy, and huge potential upside, especially in areas with rent control.
>Goldstein's strategy was simple, but aggressive. He targeted parks with artificially low rents due to local rent control ordinances, bought them using financing and private capital, then sought to drastically raise the rents. When city governments denied those increases, he took them to court. Over the decades, he has filed dozens of lawsuits against California municipalities, arguing that rent control prevents him from earning a fair return on his investments.
>Critics, including city officials and tenant advocates, say Goldstein has made his fortune by exploiting legal loopholes and driving up rents on some of the most economically vulnerable residents in the state. Many of his properties are age-restricted senior communities, where residents live on fixed incomes and cannot afford sudden spikes in housing costs.
>Goldstein disagrees with the portrayal of himself as a villain. He believes rent control is fundamentally unfair and claims that many mobile home park residents benefit from below-market leases that inflate the resale value of their homes. In his view, raising rents is not cruelty, but economic correction.
>One city attorney who battled Goldstein for years described his approach as "litigation terrorism," accusing him of leveraging the courts to exhaust public resources and pressure cities into settling or caving. Goldstein, for his part, has said he's simply protecting his property rights.
>A few examples illustrate the scale:
>El Dorado Mobile Country Club (Palm Springs): 377 spaces. Estimated average rent: $800.
>Monthly gross: $301,600
>Carson Harbor Village (Carson): 420 spaces. Average rent: $827.
>Monthly gross: $347,340
>Colony Cove Mobile Estates (Carson): 420 spaces. Average rent: $758.
>Monthly gross: $318,360
>Together, those three parks alone generate nearly $1 million per month in rental income.
>Now consider this: Goldstein is believed to own at least 20 similar parks. Based on an average monthly income of around $322,000 per park, that would put his portfolio's gross rental income at approximately $6.45 million per month, or $77 million per year.
>Assuming a 50% profit margin - a conservative estimate in this asset class - Goldstein could be earning around $38 million in profits per year passively from mobile home rent checks.
>That kind of income easily supports a life of private jets, courtside NBA seats, and multimillion-dollar architectural renovations - all funded by tenants paying a few hundred dollars a month in rent.So, a walking caricature of a kike parasite whose favorite hobby is using his ill-gotten gains to buy barely legal blonde escorts to sit with him courtside at NBA games.