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To: jimmg who wrote (89)2/13/2007 8:02:00 PM
From: TobagoJackRead Replies (1) | Respond to of 1718
 
<<are you serious?>> ... yes, of course, because freedom is worth the money, as acknowledged by all, the world over

<<and you think you could get $1.3 million for 1,000 square feet refurbed in that neighborhood?>>

... depends on the neighborhood, street frontage, and use of new building, etc, obviously, but generally is the idea.

<<I'd take 500 ounces of gold any day over 1,000 square feet in that dilapidated building>>

... why choose? Do both. Especially if the former is traded near the latter.

<<I'd take 500 ounces of gold ...>>

... pity ...

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To: jimmg who wrote (89)2/13/2007 8:30:49 PM
From: Handlarz PiotrekRead Replies (1) | Respond to of 1718
 
"are you serious? 1,000 square feet in that dump would cost $348,000?"

That is much cheaper than the exactly same amount for a 77 sq feet (seventy seven) in a moldy basement in London, with no heat and no electricity.