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Debate House Prices
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£136million Flat not good enough - sold, but he's now going to do a £60million refit
Comments
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If I had this kind of money I would book myself into a 5 star hotel for the rest of my life.
im sure he does... but he knows what his place will be worth in the future too...
When rich people buy, its a good time to buyPlan
1) Get most competitive Lifetime Mortgage (Done)
2) Make healthy savings, spend wisely (Doing)
3) Ensure healthy pension fund - (Doing)
4) Ensure house is nice, suitable, safe, and located - (Done)
5) Keep everyone happy, healthy and entertained (Done, Doing, Going to do)0 -
im sure he does... but he knows what his place will be worth in the future too...
When rich people buy, its a good time to buy
Surely rich people buy whenever they feel like it.
I'd buy it if I was a multi billionaire.This is a system account and does not represent a real person. To contact the Forum Team email forumteam@moneysavingexpert.com0 -
neverdespairgirl wrote: »They can't be 25,000 sq feet each, i think, as that would be 50,000 sq feet for the two, and the article says prices start from £6k per square foot. So even at that price, you'd buy 22,600 sq feet with £136 million. As these are the penthouses, they'd be more per sq. ft.
I think you are right re the overall square footage - on second reading I understand the flat is now approx 25000 sq ft (only about the same size as 16 normal houses then...) I read also that this chap managed to get the sq footage cost to a 'mere' 5.5k hence the increase in sq footage vs cost.
The penthouses are not worth more per sq ft - it doesn't work like that apparently - They are just far larger so the this more sq footage involved!Go round the green binbags. Turn right at the mouldy George Elliot, forward, forward, and turn left....at the dead badger0 -
They can't be 25,000 sq feet each, i think, as that would be 50,000 sq feet for the two, and the article says prices start from £6k per square foot. So even at that price, you'd buy 22,600 sq feet with £136 million. As these are the penthouses, they'd be more per sq. ft.
Mebbe he got a discount for bulk purchasing?0 -
I don't understand this strange "doesn't he have enough already" attitude people have towards the wealthy.
Surely you can see how the other 70% of the world looks at, say, a £100k homeowner with the same view? That we're bloody minted and can relax now?
To be honest 70% is probably a conservative estimate.Said Aristippus, “If you would learn to be subservient to the king you would not have to live on lentils.”
Said Diogenes, “Learn to live on lentils and you will not have to be subservient to the king.”[FONT=Verdana, Arial, Helvetica][/FONT]0 -
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I bet his council tax bill's not much more than mine would be in a 1-bed flat. How much is it there in a Band H?0
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