"Recliner" wrote in message
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"tim....." wrote:
"Recliner" wrote in message
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"tim....." wrote:
"Recliner" wrote in message
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Basil Jet wrote:
;-(

I guess it's worth much more as land for building.

Only if someone else pays for all the infrastructure improvements to
get
people to where there are jobs.

Thanet is a sea of low priced housing and next to zero jobs (and high
deprivation). You aren't going to find many buyers for "estate" houses
at much above "build" costs unless they can find work in the area or
have
good access to London.

neither of which are the case here.

People who think that they can build 10,000 houses in this location and
sell them for 150-200K each to unwaged/unemployed/retired, are living
in cloud cuckoo land.

Ann Gloag (of Stagecoach fame) must think she can make a profit on the
deal:

It only cost her a pound, so that wouldn't be difficult.

It's worth reading the full original story. Not just the short extract I
quoted. Here's another extract that talks about a £23m she may also have
taken on as part of the deal:

do you mean she received 23 million.

or became liable for 23 million.

You seem to be saying the former. But if so where did it magically come
from?