Monday, May 09, 2005

A million dollars doesn’t get you much house at the Shore

A million dollars doesn’t get you much house at the Shore, or a lot of other places in the US either.

“Time was (and not so long ago), that seven figures could buy you something really special. A penthouse with amazing views. A stunning Hamptons home. A really, really great place in California. On the beach.

But the days of million-dollar mansions are, in nearly every corner of the U.S., sadly, over. Welcome to an era of million-dollar bungalows, garden apartments and two-bedroom condos (in need of renovation).”

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