8 Million Dollar Luxury Property now slashed for a quick sale
$2,950,000
The more than 50 per cent drop in the original asking price has occurred at a time when the global credit crisis has begun to impact on the Far Northern economy, especially the property market.
Economic analysts spoken to by The Cairns Post said buyers of expensive properties were some of the most likely to have been hurt by the credit crisis and related stock market ructions.
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Great Site, I found this site while searching for an article about real estate.
Wow that is a big price drop!!!!
Sory just a quick question…does any one know where exactly that house is? just curious
http://www.realestate.com.au/realestate/qld/northern+region/wonga+beach/105336825
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