A public toilet block in Newquay has recently sold for £120,000. The block is due to knocked down in a larger development which will include shops and accommodation. This seems to be another example of the over inflated housing market.
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Wait, Karen, you’ve got an over-inflated housing market in the UK? That has got to be the complete opposite of the states. Out here homes are sitting vacant including those just built. We’ve got builders filing bankruptcy as they can’t afford to pay down the loans they used to build the properties. Home prices where I live in Colorado have increased by 2% per year while those in California (where I’m originally from) have fallen on an average of 2% to 3% per month. But a toilet block for 120K pounds, damn!