Quote: oud3pstander "Thats house prices not land .
Thats why they are building on flood planes because its cheapest land much like here'"
There's a bit of a clue in the title and within the text that it's land.There's quite a few articles on the financial pages discussing land being a good investment. Logic of supply and demand really, more people need more space to live and more food to be grown so more market competition.
It's immaterial because it was a building Hull City Council paid far more than an earlier valuation for.
