Thursday, September 6, 2007

Winds of change

This New Jersey house looks like it is just about ready to collapse. It is a waterfront property, proving the point that proximity to liquid is a decisive factor in property valuation. Recognising the parlous state of the building, the owner is probably flipping it just in time to avoid th.e next atlantic storm. One heavy gust of wind, that this wreck will be a heap of wood fragments on a beach Price? The owner is asking for a staggering $1,675,000.

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