Let's say you owed 300K on your house and didn't want it any more. I come in and say, "I will give you 25K for the house and assume the debt", you say okay.
Did your house "sell for 25K", technically in a way yes, in reality I paid 325K for your house. Had I bought it conventionally, you'd of left with the same 25K and I'd still owe 325K.
So this one is a click bait bullshit headline.
quoting📣 St. Louis’ “largest office building—the 44-story AT&T Tower, now empty—recently sold for around $3.5 million.
note1fm5…dguv
The price for the AT&T Tower, three blocks from the Railway Exchange, was a sliver of the $205 million it sold for in 2006.” 📉
HT
FinancialWorldUpdates
Goes to zero against #bitcoin
#stackharder #btc