It's not even on the waterfront, but this house sold for $40m
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And a few less zero's.
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That would help a growing problem
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In a city that wil hav 10 million by 2050 we wil hav 100,000 properties within 4 k of city that wil command absurd prices the rich need to conflate real property to have something to park cash in but this also demands ,000,000 subsidized entry level home places by 2050 too
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Yes it is a good question as to who are the buyers of houses in 2020 and 2021 , could be Australians returning from overseas as well as overseas investors
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