I hear from a reader that a property that sold in the $4s a few years ago and saw a $9 million house erected on the land is now “quietly” on the market for $18,000,000. If I were so silly as to try for a profit in this market I’d want to keep quiet too – the scorn and ridcule heaped on my shoulders would just be too much to bear.
UPDATE: Confirmed. I’m told it’s a beautiful house and I’m sure it is. Riverside waterfront, with the babbling brook/white noise machine of I-95 to soothe you off to slumberland. Okay by me.
UPDATE II: $19.5 asking, but that includes his and her pairs of top-of-the-line Bose noise cancelling earmuffs.