The Joys of the British Housing Market

The housing market in the UK is barking mad. I am so glad I am not a first time buyer these days. With talk of pig sties in the Cotswolds selling for ridiculous fees, I thought the worst excesses of the market were restricted to England.

Prices in St Andrews in Scotland have been rising fairly steeply in the last few years, but this article about the sale of public toilets there shows that things are getting distinctly out of hand. The guide price was £50,000, but the "property" actually sold for almost £200,000! It apparently has three doors onto the street and was described by the sellers as "being in need of extensive renovation.".

You don't say....