Monday, October 31, 2005

House For Sale

Would you pay $1.2 million for this?

LAS VEGAS - Its front windows wish you “Feliz Navidad” in paint that won’t wash off. The landscaping consists of four shriveling cacti and a patio piled with empty cat food boxes. Inside, it’s 700 square feet of confirmed bachelor’s clutter.

And it can all be yours for $1.2 million — cash.

There’s perhaps no better evidence of the condo fever raging through Las Vegas’ real estate market than the asking price on Manuel Corchuelo’s home. Once considered deadlocked in the wasteland where the Las Vegas Strip fizzled into a decaying downtown, the World War II-era home is now happily nestled in the shadows of billions of dollars of new and proposed high-rise condominium projects. Corchuelo is sitting on much-coveted land.
Inflation? Naw. Real Estate bubble? Naw


At 11:14 AM, Blogger the coolest person in the world said...

Are you kidding me? That is so ridiculous!

We are feeling the "condo fever" up here in Minnesota...ugh. It reminds me of the "Little boxes on the hilltop made of ticky-tacky all the same".

At 1:54 PM, Blogger Marla said...

It is ridiculous...but you know, if some dumbass is willing to pay that much for the land, I say "Good for Senor Corchuelo"!


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