From BBC News, we have 'Table-sized flat' for £170,000.
A flat roughly the size of a snooker table has gone on sale for £170,000 in London's upmarket Chelsea.
The former janitor's storeroom measures 11ft by 7ft and has a cupboard place for a shower and kitchenette area.
Potential buyers can expect to fork out an extra £30,000 to make the room habitable as there is no lighting and it is full of rubble.
Even the poshest areas of Manhattan at the height of the current bubble go for roughly $1000/sq.ft. This is roughly $4400/sq.ft. Chelsea (in London) is nice but it's not that nice!
Lunacy! Sheer fuckin' lunacy!
Monday, January 22, 2007
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