Monday, December 29, 2014
Houses falling into the sea and their misleading tag line
Properties worth a total of Ã‚Â£1bn will fall into the sea because of coastal erosion over next century
If the article was worded less sensationally as 70 houses per year will fall into the sea over the next 100 years nobody would be interested. Plus their average value is only 142K at the valuation given and reflects their precarious position and may even be worth the gamble for retiring baby boomers etc.