The Business

Hot property in a cold climate


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Australia's alpine property prices are on the up even with natural snowfalls in decline. Surprisingly climate change isn't causing a chill for real estate in the high country with snowmaking extending seasons and a spike in the number of ski tourists. Alpine property prices jumped 25% in the last year as a big US investor gambles on the Snowy Mountains.
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The BusinessBy [email protected] (ABC News)