As I’ve commented to others look at the declining fan base of Elvis over the last 20 years. Even better look at the state of the House of Cash while Johnny Cash was still alive. The article implies the premium is due to its association with the movie. It doesn’t mention how much the premium is compared to other nearby houses. That said a huge difference exist between paying a premium for something because you want it and paying a premium because you intend to make money on it.

There is a huge difference between criticizing a investment versus hoping it fails. I don’t think criticizing an investment is a bad thing. I don’t deny the size of millennials but I question if enough will actually be willing to spend money on it to justify the purchase. I mean if they rent out the house at the AVG Airbnb rate of $137 a night, manage to be booked every single night and have zero operating expenses it’ll still take over 30 years to just recoup what they paid.

As an investment I just don’t see this being worth it when you’d have better ways to invest your money over the same time period. This is also an investment against the clock since as time passes it’ll become just another house in an old movie.