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For comparison: one house in Bel Air at $150M https://www.zillow.com/homedetails/10721-Stradella-Ct-Los-Angeles-CA-90077/20529375_zpid/ https://www.zillow.com/

• throwaway290 4y ago
  Since it is apparently so cheap to own a literal Canadian town, it raises a question: how much other barely-inhabited area there is owned and by whom.
  • noisenotsignal 4y ago
    There’s a surprising amount of undeveloped land privately owned even close to populated areas. On a recent tour of Stanley Park in Vancouver, the guide gestured at the mountainside to the northwest and told a story about how the Guinness family purchased it for $75,000 in 1931. As recently as 2015 [0], there were news articles talking about continued development of the 4,000 acres of land! [0] - https://www.theglobeandmail.com/real-estate/guinness-family-quietly-pushes-ahead-with-west-van-development-plans/article23447854/ https://www.theglobeandmail.com/real-estate/guinness-family-...