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Well duh! What do you expect when you build a house on nothing more than Q-Tips?!
(via Yahoo Real Estate) Stiltsville, a neighborhood of wood stilt houses about 10 feet above the shallow water on the edge of Biscayne Bay in Florida. In the 1940s and 1950s, Stiltsville was a Miami hotspot, with social clubs among the original 27 cabins. Hurricanes have taken their toll: only seven houses remain. Add Comment  Sean Kingston has fled Miami after reportedly leaving his rental in shambles. Sean owes 2 months rent (totaling $50,000) for ditching early & breaking the lease, plus property damages AND $2,400 in past due rent. Sean is now in LA. Don't trust that baby face! Hollywood landlords, beware!  What a dog gone story! The Miami mansion belonging to Conchita, the Chihuahua, whose eccentric socialite owner bequeathed her $3M in a trust account, has just sold for $8.4M. That lucky bitch! LOL! This Michigan family bought Madonna's childhood house for $40k less than the appraised value, threw it on ebay and it soared to millions! Ray of Light, right? Nope. It did not end well. This is not just a story about Madonna, but also about how things can change in an instant, for better or worse. There are some things in the world that we just can't control..and that includes real estate! Watch as they Live to Tell. "I have a tale to tell Sometimes it gets so hard to hide it well I was not ready for the fall Too blind to see the writing on the wall"  Considering all the shadiness that MF did under his reign, I'm having a hard time feeling sorry for this dude. Jon Corzine is coming off the bankruptcy of MF Global last fall when the brokerage firm made a failed $6.3 billion bet on European debt, losing more than $1 billion worth of customer funds. He bought his penthouse for $3.26M in 2008 & just sold it for $2.8M. Just another day for him, I'm sure. Must be nice to have golden parachutes. Heralded as a reinvention of a skyscraper, the new CCTV in Beijing will finally centralize TV studios, offices, broadcasting & production facilities in one place. It's innerestin' and all, but ummmm I dunno, it just looks like a really big staple to me.
In 2008, a modern penthouse w/ cantilever decks was built atop a 5 story World War II concrete bunker in Germany. Talk about a concrete slab foundation!
From afar they look like cool wallpaper but up close it's anything but cool. It is tragical & ironic that in one of the wealthiest cities in the world, 47.7% of Hong Kong city residents must live in public apartments (government subsidized housing) because they are unable to purchase private housing. What is worse is that only 6.8% of Hong Kong land is devoted to housing use for 7.07M denizens! The rest of Hong Kong can be developed but the powers that be have prevented that. There is some major socio-economic political shadiness going on. ChinaSmack explains.
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