That’s the question posed in an article by James B. Stewart, published yesterday in the NY Times. “If it’s $100 million, is it art?” We’ve seen these stratospheric prices attached to certain unique properties in places like LA, Miami, NYC. So what’s the answer? I can only speak from my own experience: a home is worth what someone is willing to pay for it.

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Photo courtesy of the New York Times

This entry was posted in: Deals