Must Read
Shocking Revelation: Prince Harry Returns to UK Alone, Leaving Meghan Behind After Secretly Selling LA House at Half Price
In a surprising turn of events, it has been rumored that Prince Harry made a secret visit to the UK last weekend, leaving his wife and son behind in LA.
Although the source does not confirm this information, the speculation is gaining traction.
A photograph of the Prince exiting a plane with a duffel bag further fuels these rumors.
Interestingly, this alleged visit coincided with a heartfelt Father's Day tribute from his father and brother, from which Harry was noticeably absent.
This absence may have prompted him to reflect on his choices and what he is missing out on.
However, a closer look at the photo reveals a red flag – Prince Harry is seen wearing a winter jacket and hat.
This picture was actually taken in January when he arrived in Canada to join Meghan Markle and embark on their new life away from the Royal Family.
In other news, experts are warning Meghan Markle and Prince Harry against selling their £11 million mansion in Montecito.
The property's value could potentially be halved within just two months due to rising inflation in the US.
Mukhtar Jably, a real estate expert, highlights that even the wealthy, like the Duke and Duchess of Sussex, are feeling the impact of inflation, which currently stands at 9.1% in America.
The couple purchased this stunning nine-bedroom, seven-acre property in June 2020 and now reside there with their two children, Archie Mountbatten-Windsor and Lilibet Diana-Windsor.
Previously available for rent at an astonishing hourly rate of $700, this home, known as Chateau of Riven Rock, boasts numerous luxurious amenities such as a spa, two-bedroom guest house, library, games room, arcade, cinema, and private gym.
While Montecito is renowned for attracting A-list celebrities, including Oprah Winfrey, Ellen DeGeneres, Katy Perry, Orlando Bloom, and their daughter Daisy Dove, the local property market has not been immune to the effects of rising inflation, which has caused property prices to cool across the US.
According to data from realtor.com, the median property price in Montecito plummeted from £9.12 million ($11.0625 million) in May to £4.33 million ($5.250 million) in July, representing a significant 45% drop.
This drastic decline can be attributed to the recent increase in interest rates by the US Fed, which is attempting to combat historically high levels of inflation.
While this may benefit savers, it also makes credit more expensive, reducing borrowing capacity and dampening the once red-hot property market.
Nevertheless, Mr. Jably remains optimistic, predicting that the market will recover once inflation is brought under control, which is expected to happen by the end of 2023.
He believes that Harry and Meghan's mansion will regain its value of $13 million and even surpass it, eventually yielding a profit.
Considering recent security concerns, it would be unwise for the couple to sell their property at this time.
Just weeks ago, their home was targeted by intruders on two separate occasions.
Police responded to reports of trespassing and suspicious circumstances on May 19 and 31.
These incidents highlight the need for heightened security measures to ensure the safety of the Duke and Duchess of Sussex.
In conclusion, Prince Harry's alleged visit to the UK without Meghan and their decision to sell their LA mansion at a reduced price have sparked intrigue and speculation.
While the couple faces potential financial losses due to inflation, experts believe that holding onto their property is a wise move, as the market is expected to rebound in the future.
Additionally, recent security breaches emphasize the importance of ensuring the safety of the Sussex family.
As the story continues to unfold, we await further updates on their plans and actions.
For more news stories, visit nyseagrant.org.