Johannesburg — SOMEONE smart enough to have made the money (but not necessarily smart
enough to have kept it) once said that "a yacht is a hole in the ocean into
which you pour money". Nowadays, as trophy wine estates have replaced
yachts, he might have observed that "a vineyard is a hole in the ground
... "
Fortunately the ever-increasing demand for a seemingly finite number of
prestige sites creates a capital gain opportunity which enables investors
with deep enough pockets to exit and recoup their running costs.
...
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