Of Caviar and Million-Dollar Mansions: Ritholtz Chart

Don't be fooled by the headlines: Million-dollar homes are rarer than they seem.

Expensive home sales have been in the news a lot these days. The Wall Street Journal wrote about a "palatially priced" mansion in Florida listed at $139 million. The Los Angeles Times featured a Beverly Hills mansion listed at $85 million -- interestingly, it was built on speculation. Business Insider, when it isn't creating lists like the 18 most expensive Silicon Valley mansions, is writing up listings like this New York mansion that was listed for "an Insane $114 Million."

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