London flat goes for record £100m | Metro.co.uk
source: http://www.metro.co.uk/news/article.html?in_article_id=43035&in_page_id=34
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How can an apartment be worth £100 million ($200 million)? That's the record price that's just been paid by the foreign minister of Qatar for a penthouse apartment overlooking London's Hyde Park.
OK its got former SAS guys as security guards and a private tunnel to the nearby Mandarin Oriental hotel but that's a lot of money for added piece of mind and fast access to the spa.
And what of the affect on the wider housing market? At a time when its increasingly difficult even for young lawyers and accountants to get on the property ladder let alone nurses and firemen, is it right that £100 million flats are being built instead of affordable housing?
OK its got former SAS guys as security guards and a private tunnel to the nearby Mandarin Oriental hotel but that's a lot of money for added piece of mind and fast access to the spa.
And what of the affect on the wider housing market? At a time when its increasingly difficult even for young lawyers and accountants to get on the property ladder let alone nurses and firemen, is it right that £100 million flats are being built instead of affordable housing?
