THE RURBAN FRINGE

Wanted: Village CEO

Posted on | March 19, 2009 | No Comments

Here’s an interesting socio-economic experiment … what would you do with an entire village?

“How much is an entire village in the English countryside worth on the open market?  The charitable trust that owns Linkenholt in Hampshire, southern England is about to find out.  The Herbert and Peter Blagrave Charitable Trust has decided to invest its money elsewhere and has put the village up for sale with a starting price of $38-45 million.  The price includes 22 houses, a cricket pitch, a village shop, a forge, 1,500 acres of farmland and 450 acres of woodland.  According to the real estate agent handling the sale, even in these turbulent economic times, buying Linkenholt is a “safe and sound investment.”

Source:  Maclean’s (via Reuters)

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