rant · moment 18 of 27
Gatsby Houses, the Hamptons, and Jumbo Mortgages
from #170 - Eat The Rich; They're Keto Part 1| The Tim Dillon Show · #170
4 min
More house-touring commentary comparing Sands Point to the Hamptons, discussing how people financed these homes with jumbo mortgages before the crash.
- This Tudor brick mansion is Class C, but the view is just a shadow of the New York City skyline — Tim claims he has a better view from his roof.
- The Great Gatsby cover house moment, interrupted by joking about killing someone.
- North Shore beaches are rocky with tepid fresh water from Long Island Sound — not the appeal people imagine.
- A nearby property goes for $12 million, but Tim notes the wealthy people there probably have much more than that.
- Buyers were coming in with jacked-up mortgages and jumbo loans, with limits over $629,000 that required more documentation and reserves.
- The Hamptons make these North Shore properties look like nothing — houses there are so massive you'd think they were hotels.
- Tim used to smoke pot and drive around here because nobody's ever around, though there is a private police force that's not always visible.
The HamptonsLong Island SoundThe Great GatsbyArizona iced tea