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Billionaires are driving up home price in South Florida

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A growing number of billionaires flocking to Florida's richest neighborhoods are driving house prices on the East Coast to record levels.  The median sale price for single-family homes in Palm Beach hit $14 million in September 2023 – a 117 percent year-on-year increase, according to national real estate brokerage Redfin. …

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Click here to read the full story: Daily Mail

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