Sunday, July 19, 2009

Funny Thought: Price of Land

I once read that at the height of the Japanese real estate bubble in the late 1980s, the land occupied by the Imperial Palace in Tokyo was worth more than all the land in all of California.

If I were the Emperor of Japan, I would have sold the palace and bought California.

2 comments:

  1. What? Including LA and Orange County?

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  2. I just recently read that fact as well! That's like déjà vu!

    -Cliff

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