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We recently reported that Ice Tower in Panama City announced it was not going to be built and that they were going to refund money to the investors. Many of those investors paid as little as $1000 a sq. meter. Now current market prices are $2000 per sq. meter up to $3500 a sq. meter. This is probably more than Florida real estate at this time but if they can get it why not. The problem is the purchases are frequently speculators also called flippers who ha... Read more