Wednesday, September 21, 2005

Bolinas Water Meter

In case anyone actually still doubts that real estate in Marin County is way over priced, there's this article -- apparently a house in wacky Bolinas was razed and its water meter is for sale with bids starting at $500,000 (Bolinas has prevented the building of any new houses over the last few decades by disallowing new water hookups); that's just for the meter; it doesn't even count the cost of the house or land it sits on.


Blogger fredtobik said...

"The group plans to use the proceeds to build affordable housing in Marin County"

I think that is awesome. But ya, I see how this can support the argument that houses in Mill Valley are overpriced.

Sep 21, 2005, 2:57:00 PM  

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