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Old October 16th, 2011, 04:00 PM posted to rec.travel.usa-canada
Lawrence T. Akutagawa
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Posts: 21
Default House numbering on Pacific Coast Highway?

"Terry Pinnell" wrote in message
...

/snip - follow the thread/

On a different topic entirely, I was astonished at the listed prices and
estimated values of these very small properties, squashed between a busy
highway (and its accompanying tangle of telephone and electricity cables)
and a few square feet of beach. Typically $2M - $8M, with the occasional
1-bed, 1-bath at around $1.5M!

*************
That is the law of supply and demand at work. If the demand were not as
high and/or the supply not as low, those prices would be significantly much
lower.