From London, the least-affordable housing market in the world, comes news that a 77-square-foot closet can be yours to live in for just $335,000 (plus an estimated $59,000 to clean it up and add such luxuries as electricity and heat).
Such high prices are the result of green belts and an anti-housing planning process. While this closet is in one of the wealthier parts of London, other recent real estate deals in England include:
- A five- to ten-foot-wide building being sold as a home for $933,000. Continue reading