Friday, October 14, 2005

Not Just Life Tickets Are Soaring in Price

The bubble may be deflating a bit in some places, but the engorged market in ski houses continues. In the third quarter of this year, the average price of a single-family home in Lake Tahoe was up 16% over 2004's average--and for the first time exceeded $1 million, says a, report, quoting the local real estate firm Chase International. The one pictured here is yours for $37-million.


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