From yahoo homepage......
Could you imagine paying that much for this tiny London apartment which lacks electricity?
Who here would pay that?
http://news.yahoo.com/s/ap/20070122/ap_on_fe_st/tiny_apartment
2007-01-24 01:25:29 · 5 answers · asked by Bee 3 in Business & Finance ➔ Renting & Real Estate
Not only would I not pay that much, I can't understand why the article also says that that it would cost an additional $59,000 to provide heat and electricity. Surely it could be wired cheaper than that, and a small space heater would suffice!
Truly amazing!
2007-01-24 01:47:53 · answer #1 · answered by budget strapped 3 · 0⤊ 0⤋
There is no way I would pay that much for something so small. A person could not live in it comfortably!!! I don't know how a person could get approved for a loan for so much money for such little space! I wouldn't approve a loan for that much for just that! I don't even see how it could be a good investment, even if you fix it up, that doesn't fix the fact that it is only 77 square feet!!! It just doesn't make sence, you could buy a house with 1500sq ft. for a 3rd of the price. it is crazy!!
2007-01-24 09:41:46 · answer #2 · answered by flowergirlsdy 2 · 0⤊ 0⤋
Real Estate is worth what someone will pay for it. 335K will get you not much more in Honolulu, San Francisco, New York, etc. It's all supply and demand.
2007-01-24 09:29:50 · answer #3 · answered by Anonymous · 0⤊ 0⤋
Not me.....especially when where i live a 4500 square foot house, with a pond and 14 acres of land costs you the same amount. I'll stick with my big house!! :)
2007-01-24 10:15:30 · answer #4 · answered by photogrl262000 5 · 0⤊ 0⤋
NOT ME - I would move to Plain View, North Carolina. You can get a 1200 sq foot house for $40,000.
2007-01-24 09:52:10 · answer #5 · answered by Jenn 3 · 0⤊ 0⤋