If it's just the asking price, then no one was stupid enough to buy it at that ridiculous price, the seller will have to lower his/her price and try again. Amounting to someone not doing their market research before trying to sell. Whereas if it actually sold at that price it can be surmised that it is a fair market value for the size, amenities, and location, or at least in the ballpark. I don't think there should be any governmental interference, but I am rather shocked by the implications of cost per square foot this would have on someone without those kinds of means.
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250k for Loundon shoe box apt
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250k for Loundon shoe box apt - by Brian37 - October 9, 2012 at 7:44 am
RE: 250k for Loundon shoe box apt - by Anomalocaris - October 9, 2012 at 10:43 am
RE: 250k for Loundon shoe box apt - by Tiberius - October 9, 2012 at 1:31 pm
RE: 250k for Loundon shoe box apt - by festive1 - October 9, 2012 at 1:37 pm
RE: 250k for Loundon shoe box apt - by Tiberius - October 9, 2012 at 1:53 pm
RE: 250k for Loundon shoe box apt - by festive1 - October 9, 2012 at 2:01 pm
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