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Tech Titans Peter Thiel, Matt Jacobson, Cameron and Tyler Winklevoss, Mich Mathews, Elon Musk Buy Homes in Los Angeles

SoCal Delicious

Developments Blog. In March of last year, Matt Jacobson, head of market development at Facebook, paid $10.9 million for a modern house on the ocean in Manhattan Beach, according to public records. The arrival of techies has also had a profound effect on the rental market, brokers and real-estate developers say.