This transcript has been automatically generated and may not be 100% accurate.
... I ... the NT think it's can cost a fortune of working as a look at the young ladies who are really putting up the tab ... Candace Jackson is here with me to ... talk about Steve young ladies who were basically era system in Formula one fortunes and their father ... and they are now shaking up the high-end luxury real estate world I kinda think the thing I think you so tells about the staff of the daughters and data and how they've been sort of of making a move to real estate ... so these are two very and women on Patch via its twenty three the oldest is twenty seven ... and they have been buying up hundreds of millions of dollars worth of the world's Pixley top proof trophy properties properties usually ... think of to captains of industry and people much much older than them ... aam you know they're they're beneficiaries of a trust that's the aam allows them to Sir to spend freely on real estate and build up its portfolio for themselves the big ... headline grabbing properties that ... that whatever bought luster with candy spelling stance in which it didn't ... on the mark it out in ... Beverly is Beverly Hills isn't month Italy and the less than done ... you know Aaron spelling and TV network and that they read to me that that that was ... like a thirty million dollars to upgrade and not letting you think a twenty something year old would would go for actually eighty five maybe I minority on on the market three hundred and fifty million dollars at the time the most expensive listings in the country so he didn't really mean what data ... it's a fifty seven thousand square foot home it's huge that really made big news when she bought this time in less than a year ago nobody really suspected the house to go to that end twenty two year old woman with a certain redefining who is able to buy these properties or who wants a bite of the sizzling about it she just got married ... I've not your typical starter home ... your typical starter home but yes they're ... they're part of a very very small but I guess brewing in some ways group of the young heiress isn't areas who are ... you know using their wealth to kind of ... by these type of property is so brokers and people real estate world are taking you know ... a twenty two who comes in and said she wants to look at a house like that much more seriously these days for sure and am her sister meets with the London buying a home that's very close to where ... the BUX debts it got to stand at Prince William and ... Catherine will be living in Kensington Palace Gardens yet the remarkable home it's in Kensington Palace Gardens which is basically across the road from Kensington Palace and ... AMR she's ... doing a complete overhaul its in the process of being remodeled chicken and on an additional five thousand square feet so ... I'm you know it's it's going to be probably one of the top was in London when it's done ... the thing is we see so much what we what we get out of that highlight your real estate people kind of going downsizing its mark but is it isn't exactly the APUs it when we talk about these people seem to have endless bank accounts and high-end line treat ... they want the bowling alley centerstage putting in a nightclub logo on a beta stage is all about the amenities that it's certainly not about downsizing and they want ... all the amenities that they can dream of and you know why not they have the money ... so and they're young enough that they you know ... both of these women say they plan to settle in the homes for many years so they're they're building their dream homes and they're putting everything in there they think they might ever want so they don't have to kind of ... go back and ... you know shock began to remodel again why not ... and I think the last yet to get the tendency these with the ... well the place in London is under construction site and a bit of hard hats were abandoned isn't phenomenal ...