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In the middle of one of the most jaw-dropping property booms in decades, it is refreshing to hear that not every seller is making a motza from their real estate. Take billionaire pub magnate Chris Morris and his wife, Sharron Sills, who have copped a loss on their Milsons Point penthouse this week.
The couple paid $8 million for their crash pad in the Latitude building at the peak of the local apartment market in 2017, making them immediate neighbours to the super-spread next door owned by Nicole Kidman and Keith Urban.
Chris Morris owns hospitality and tourism operator Colonial Leisure Group.