When Tyler Allen agreed to fork over $3 million in cash for a luxury condominium near Concordia, Kan., he wasn’t attracted by the indoor swimming pool, 17-seat movie theater, or hydroponic vegetable garden.
The real selling point of the 1,820-square-foot apartment: It will be buried 174 feet underground in a decommissioned missile silo sturdy enough to withstand a nuclear attack.
…The so-called Survival Condo complex boasts full and half-floor units that cost $1.5 million to $3 million each. The building can accommodate up to 75 people, and buyers include doctors, scientists and entrepreneurs, says developer Larry Hall..The development is sold out. The full story is here.
the complex has enough emergency food on hand to last for up to five years. There’s also a holding cell for unruly occupants.
If a many people do get concerned, economies of scale will kick in and prices will fall for such protective shelter.
-RW
(via Marginal Revolution)
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