Wednesday, Feb 07, 2007

Off plan costs off the scale

Time on-line: Luxury property prices go through roof as flats in London set £4,200 sq ft record

Note the last line "Both brothers are now tax exiles based in Monaco"

Posted by ukuser1 @ 02:46 AM (128 views) Add Comment

2 Comments

1. inbreda said...

Big difference between investment and speculation.

The fact that there are large sums of money going to this, all through (or to) offshore jurisdictions "...CPC, an offshore company ..." means that it further disadvantages the average Joe.

This does seem like a scenario like that in France that led to the invention of madame guillotine.

Wednesday, February 7, 2007 01:29PM Report Comment
 

2. monty said...

20000 sq ft? I'll take two of them.

Wednesday, February 7, 2007 02:10PM Report Comment
 

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