The sentence is an example of <u>hyperbole</u>.
Hyperbole is a literary device that is used when a speaker exaggerates something to stress its magnanimity.
In the sentence provided, we find that the land may not actually be worth a million dollars. But to stress the fact that it is very expensive, this hyperbole was used.
Learn more about hyperbole here:
brainly.com/question/2351925
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