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Mortgage exposures were larger in Sydney, about $20bn $30bn, reflecting Sydney's higher apartment prices.
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Pumping devices could raise water only to lower apartments; tenants of higher apartments had to use public water and sanitary facilities.
Why It's a Buy: Although ground floor apartments usually sell for less in elevator buildings, similar, higher apartments recently sold for much more, $645,000 and $675,000.
Prices for existing properties in some coveted neighborhoods surged even higher: apartments in Jardins were up 81 percent; Itaim Bibi rose 59 percent.
That campaign platform has been popular at a time of very high rents and high apartment prices, partly because of an influx of investors from mainland China.
Doubtless plans are afoot to build high apartment houses or business buildings above Forty-second Street, if anyone thinks they can be rented.
"World's Highest Apartment House," The New York Times said in 1912, although the newspaper did not mention which building held the previous height record.
Striking a tent in Tel-Aviv's Rothschild Boulevard in protest of high apartment rental costs.
Timber can become an alternative in rapidly expanding cities, where there is a need for high apartment buildings.
He lived in Kanaleneiland, a suburb with cheap social housing and high apartment blocks, and which has a relatively high number of immigrants.
First, we included only dwellings with information of numeric address, excluding children living in high apartment buildings.
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