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I also found this article about the lighthouse real estate market with the credit crunch, interesting reading:
It's not just house sales that have been hit by the credit crunch - try selling a lighthouse these days.
Former 60s rock star Bip Weatherall has now slashed £200,000 off the price tag of his Grade II listed holiday home - Hunstanton Lighthouse - after it has spent more than a year on the market.
With stunning panoramic views across The Wash, the drop from £695,000 to £499,000 comes at a turbulent time for property prices across the region and the country.
Today tells a different story from mid nineties when Mr Weatherall bought the house within an hour of seeing the For Sale sign.
The current economic climate is partly to blame for the sudden fall in price but property experts say the lighthouses' proximity to the cliff and difficulty in pricing such a unique building could account for the discount.
Paschen
Narita, Chiba, Japan
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Terri Potratz
Vancouver, Canada
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Most RecentMost Recommended Comments (5)
at 10:37 on November 29th, 2008
Nice Post and beautiful pictures Luiz.
at 11:27 on November 29th, 2008
Thank you Paschen for reading and recommending.
at 14:24 on November 29th, 2008
How interesting about selling lighthouses - I guess you never think about that.
Great pictures too.
at 21:49 on November 29th, 2008
Charming. Saw a movie the other day with huge extended family moving into one. Dennis Quaid.
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Terri Potratzat 15:45 on December 1st, 2008
I always thought it would be fun to live in a lighthouse for a little while. Reminds me of a children's book I read when I was little I think, not sure of the name.