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Multimillion-dollar condos in tilting skyscraper called nearly worthless

Business Insider Logo By Melia Robinson of Business Insider | Slide 1 of 20: <p> Bad news keeps piling up at the "leaning tower" of San Francisco.</p><p> Millennium Tower is a luxury residential high-rise that has sunk 17 inches and tilted 14 inches since it was completed in 2008. Though an inspection by the city showed <a href="http://www.businessinsider.com/san-francisco-millennium-tower-safe-to-occupy-2017-1?utm_source=msn.com&utm_medium=referral&utm_content=msn-slideshow&utm_campaign=bodyurl"> it's safe to occupy</a>, the building's wealthy residents take no solace. Their multimillion-dollar condos <a href="http://www.sfgate.com/bayarea/article/Millennium-Tower-keeps-on-sinking-but-there-may-11297935.php"> have tumbled</a> $320,000 in value on average.</p><p> Here's what we know about the fate of Millennium Tower.</p>

The multimillion-dollar condos sinking in San Francisco

Bad news keeps piling up at the "leaning tower" of San Francisco.

Millennium Tower is a luxury residential high-rise that has sunk 17 inches and tilted 14 inches since it was completed in 2008. Though an inspection by the city showed it's safe to occupy, the building's wealthy residents take no solace. Their multimillion-dollar condos have tumbled $320,000 in value on average.

Click through to see what we know about the fate of Millennium Tower.

© Beck Diefenbach/Reuters

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