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Politics : Dutch Central Bank Sale Announcement Imminent?
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To: philv who wrote (22571)3/8/2005 11:04:54 AM
From: sea_urchin  Read Replies (1) of 81003
 
Phil > The same thing has happened here, where waterfront property fetches astronomical prices

Coastal property in SA fetches prices as high as anywhere in the world. For example, a crappy bachelor apartment (one room) in the CBD of Cape Town fetches over R1m -- that's nearly $200K US. And that's with all the crime, AIDS, unemployment, you-name-it. These days South Africans can't afford to live in their own country.
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