What's a bargain?

It's all relative, isn't it? For example, an Associated Press article was just published about a tiny 77 Square Foot (That’s not a Typo… it’s only 77 SqFt) apartment for sale in the exclusive neighborhood of Knightsbridge in London, England ~ for an asking price of $335,000 !!! That works out to be a whopping $4,350 per Square Foot. And get this, this tiny apartment does not have any heating or electricity… the Buyer has to add that for an additional estimated cost of $59,000…. Ouch! The kitchen is two hot plates and a small sink... The shower is the size of a coffin. The real estate agent for this property says “If you thought of this as the cabin on a boat, you’d say ‘It’s pretty spacious’ “.

Evidently they say Knightsbridge is one of the wealthiest neighborhoods in the world. The article goes on to say that prices can reach $5,900 per square feet in some parts of London, $5,300 per Square Feet in parts of New York and $3,950 in Hong Kong.

Wow, let's go out and buy all the property we can find here in Valley Center ~ it's a bargain!