Not even the Chinese are buying them, maybe they are waiting for the prices to come down.
No, but those filthy kalifornians are sure buying up real estate here in Oklahoma. And, like all kalifornians, they have the “sewage touch.” Everything they touch turns to sewage.
$49 million two-level residence listed as the most expensive penthouse
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San Francisco has been allowed to drift into 3rd world status by the policies of their left leaning politicians.
It is shocking to learn that politicians can be bought, but it is true, so why isn’t anyone buying enough influence to get these policies changed?
The list of people “not buying” is pretty exhaustive.
Meanwhile, here in Free Florida I just saw Jan-Aug 2022 average sales prices for my town (Jupiter). Average single family home sale was over $1.5mm and average townhouse/condo sale was $625K.
Go figure...
Is a condo really $24 million, if stepping out the building front door you’re dodging feces, needles, and a sleeping addict?
Remember the old adage about real estate, that the most important factors are : location, location, and location?
Luxury condos amid the filth and desolation in San Francisco, will not command the premium price, due to their location.