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Still No Bargain
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Here's a story for the tiny violins, in which rich guys put their luxury homes up for sale and find that the market has been correcting to the point that they have to drastically cut the asking price, like 60%. Mind you, the prices are still astronomical, many, many millions of dollars. Hey, timing is everything, you snooze, you lose, all of the clichés. If you asked for $85 million and had to cut the price to $60 million, well, too bad so sad. (Wall Street Journal)
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