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Rare nuclear bunker hits the market as America’s wealthiest people prepare for the worst

Real Estate  Brendan Casey, Property Journalist and Editor, 23 Jan 2024, News Corp Australia Network

A rare bunker with roots in the Cold War era has found its way into the real estate market, carrying an asking price of $1.88m (US$1.24m).

Nestled in the city of Sprague in Washington state, this property, constructed in 1959, once safeguarded some of America’s most critical nuclear weapons during the tumultuous time, which spanned from 1945 to 1991, The Post reports.

The Cold War was marked by a strategic standoff between the United States and the Soviet Union, defined by political rivalries and the looming threat of nuclear warfare.

The intense global tension finally subsided in 1991 when Soviet president Mikhail Gorbachev and US president George H. W. Bush inked a historic treaty, putting an end to the conflict………………………………………………………………………………………………………………………………………

In recent years, bunkers have experienced a surge in popularity, reflecting a growing demand for doomsday shelters in the USA.

According to Post sources, the scarcity of such shelters has led to a significant spike in prices.

Some of America’s wealthiest individuals, including Mark Zuckerberg and Peter Thiel, are investing in bunkers for their own doomsday preparations.

Zuckerberg, the Facebook founder and CEO of Meta Platforms, is building a $100m compound in Hawaii, complete with an underground bunker and self-sustaining resources.

Financier Peter Thiel is awaiting approval for a bunker project in New Zealand, joining the ranks of other notable figures such as Sam Altman of OpenAI, and Larry Ellison of Oracle, who are also constructing their own ‘end-of-days retreats’. https://www.realestate.com.au/news/rare-nuclear-bunker-hits-the-market-as-americas-wealthiest-people-prepare-for-the-worst/?campaignType=external&campaignChannel=syndication&campaignName=ncacont&campaignContent=&campaignSource=herald_sun&campaignPlacement=spa

January 25, 2024 - Posted by | USA, weapons and war

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