Dr. Rick C. Ernst
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High End Real Estate

Luxury Strathfield property smashes Mount St record, fetching $3.825 million …
www.perthnow.com.au

The property at 9 Mount St smashed the previous street record of $1.795 million, set in 2012 for a five-bedroom house. Nine bidders registered for the auction, which opened at $3.3million. Bids began in $50,000 and $10,000 increments, with three …

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To No End: Why China's Corruption Crackdown Won't Be Stopping Soon
blogs.wsj.com

Moreover, Wang argued, by focusing on specific areas known to be rife with graft—such as land development and real estate projects, mining rights, and public welfare funds—inspectors showed skeptics and potential targets that this campaign was a …

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'Demand in Koramangala Real Estate Sector exceeds supply'
economictimes.indiatimes.com

The demand for high–end residential developments is low in the South Bangalore. The residential demand in the area increased after Electronic City established itself as an IT Hub. However, it has not attracted premium residential developments due to …

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A Man, a Van, a Plan
www.nytimes.com

Although Moishe's Moving doesn't air its financials, the company, the umbrella for a double octopus of 15 businesses — including real estate development; media; and wine, fashion and document storage — has an estimable net worth. Mana Contemporary …

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Government mulls scrapping 30% domestic sourcing clause for FDI in single …
economictimes.indiatimes.com

He said luxury brands make a limited number of pieces, maybe 100 or 1,000, and change product lines often, which makes it impossible for them to comply with the domestic sourcing requirement. "In fact, a lot of Indian real estate companies, which would …

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China's rich look abroad as home prices fall, others stay put
uk.finance.yahoo.com

Realtors in New York, Sydney or London all report how over the past year Chinese buyers became top foreign investors in their markets, snapping up high–end prestige properties. Data from the National Association of Realtors, a U.S. trade association …

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Lansner: Chicago real estate bet pays off for Newport company
www.ocregister.com

A high rise that KBS Realty of Newport Beach paid $655 million to acquire in 2010 is auctioned for $850 million. Tweet … These commercial real estate veterans spied a gleaming new jewel of the Chicago skyline: the 1.3 million square-foot tower at 300 …

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House sales down, yet optimism up
www.recordonline.com

Ulster and Sullivan real estate professionals found that the wintry conditions blocked access to some rural houses. The association also saw the housing supply jump in response to an inventory of distressed properties. Realtor Chris Scibelli … the …

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Lenders, developers take chance on condos
www.idahostatesman.com

The 75 condominiums with a combined sale price of $38 million achieved the modern, high–end urban look Kimball was after. Units ranged from …. The problem is rising costs for property and building materials, including building parking for condo owners.

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