College Boy 2: No, man, I'm just saying... I'm sayin', if-if you own beachfront property, right, do you own, like, the sand and the water?
College Boy 3: Nobody owns the water. God owns - it's God's water.
Since when? And I mean that in a "can you elaborate on how that happened", not a sarcastic way.
My only knowledge of the history of Malibu comes from Rob Lowe's autobiography - he moved there as a young teenager / pre-teen (11-13 I think) with a slightly hippy mother who was looking for cleaner air than Ohio had to offer. Anyway, he describes 70s/80s Malibu as very different from what it is today, much more laid back, much less rich-people-focused (although even back then he had, as an example, Martin Sheen + family as neighbors), worth noting that when Lowe moved his family were probably somewhere between working and middle class, and they fitted in fine.
It seems easy to understand why Malibu could become so expensive and lived in by only super-rich and celebrities - that's basic economics of supply and demand - but at what point, and why, did it get to a point where you say "it's INTENDED to be an exclusive neighborhood"?
Which would be where exactly?