And You Thought Your Plot Was Expensive
A Michigan real estate developer now owns what could be the world’s most expensive piece of real estate after paying $1,752 for a square-inch piece of land. In Indiana, no less. The money covers back taxes owed on the 0.0000000159-acre plot, which were it a full acre would cost $10 billion, though chances are there would be a quantity discount. Officials aren’t sure exactly why the plot is so small, but they’re certain that the buyer’s bank account is too large. There are no plans to build on the land, at least not until nanotechnology is perfected, at which time it could serve as a flea circus, roach motel, or home for the buyer’s common sense.
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