celebrities like oscar-winning actress kate blanchette who were looking to sell their properties mayrices. our cohost for the next half hour is scarlet fu. is that a housing bubble? potentially, this is right up our alley. sydney housing prices are pretty high. prices have gained about 13% this year and this follows a 12% increase in 2014. you mentioned kate blanchette who was looking to sell her for 20hich is listed million australian dollars which is $15 million u.s. which would be a record for that area. packer is ajames billionaire businessman. he is dating mariah carey. mark: now i know. scarlet: he sold his house in a sydney suburb for 70 million australian dollars. that set a record and he sold it to an australian chinese billionaire. in case you were wondering, he and a riot carrier doing well and traveled the world. mark: how do you know that? scarlet: she gave him a shout out when she performed on stage. mark: what don't you know? scarlet: i had to do extra digging for that. mark: the australia central bank governor said that the sydney housing market was crazy. because of