Here's a good example of how real estate prices are going up. The Feathers Hotel in Ludlow, England sold recently for $120,000. It was built in 1603 for a mere $110. California was named after a mythical island in a romantic novel published in Spain in 1500. The novel is entitled "The Exploits of Esplandian". The book came into the possession of a young law clerk in Sevilla, Spain. Years later, while searching for this mysterious island named in the book, he found it in what is today California. He named it in memory of the romantic novel. The young man was Hernando Cortez. Believe It or Not!
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