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London House Prices: Monopoly Board Makeover Shows True Price Of Property

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http://www.independent.co.uk/news/business/news/london-house-prices-monopoly-board-makeover-shows-true-price-of-property-a6731381.html

An estate agent has given Monopoly a makeover to show that Old Kent Road might still be the cheapest spot on the board, but it will cost a whole lot more than £60 to put a house there.

The average house price in Old Kent Road is now £261,499. Next door in Whitechapel, property costs an average of £379,000.

Vine Street, once one of the coveted orange spaces on the board, where a house cost £200, has slipped to the third cheapest, with property at £539,663 on average. Its orange neighbour Malborough Street, priced at £180 on the board, has gone up the table to become the third most expensive location, with prices of £2.5 million on average.

There certainly isn't enough money in the game now.

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pinks seem 2 have done well but not surprising since you can get sent 2 pall mall. i assume you now start with 250k and when you go past Go you collect 20k of tax credits? when you buy a property do you just put 5% down and wait 4 the other players 2 go bankrupt? is their a card that says "congratulation you have just inherited a 100% interest charge!" or "the chinese have just entered the game, give the bank your last purchased property and your 1st born child."

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some other changes omitted from the board in the link.

pass go= collect £500

income tax= pay £50000

super tax= now called VAT= deduct 20% of your assets and pay to banker

new community chest cards/chance cards.......you've been a victim of a phishing attack......pay $2500

you've got 4 numbers on the lottery, collect £100

new rules in force for BTL portfolio, repay 18% of your portfolio value immediately, backdated by the number of turns round the board you have had the portfolio....at an extra 2% per turn.

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