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One Hyde Park penthouse sells for record-breaking £140m
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Author:  Amnesia10 [ Tue Aug 10, 2010 6:28 pm ]
Post subject:  One Hyde Park penthouse sells for record-breaking £140m
http://www.telegraph.co.uk/property/pro ... -140m.html

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Quote:
A penthouse in one of London’s most opulent developments has sold for a record-breaking £140 million, as the market for “trophy homes” bucks the wider property slump.
Author:  l3v1ck [ Tue Aug 10, 2010 7:07 pm ]
Post subject:  Re: One Hyde Park penthouse sells for record-breaking £140m
For £140m, I'd want something much bigger somewhere in the world that's much nicer than London.
Author:  Amnesia10 [ Tue Aug 10, 2010 7:42 pm ]
Post subject:  Re: One Hyde Park penthouse sells for record-breaking £140m
l3v1ck wrote:
For £140m, I'd want something much bigger somewhere in the world that's much nicer than London.

But the location /s
Author:  big_D [ Wed Aug 11, 2010 7:35 am ]
Post subject:  Re: One Hyde Park penthouse sells for record-breaking £140m
Amnesia10 wrote:
l3v1ck wrote:
For £140m, I'd want something much bigger somewhere in the world that's much nicer than London.

But the location /s

If you paid me 140m, I might consider living in London, I certainly wouldn't pay 140m for the "privilege"...
Author:  Amnesia10 [ Wed Aug 11, 2010 7:58 am ]
Post subject:  Re: One Hyde Park penthouse sells for record-breaking £140m
big_D wrote:
Amnesia10 wrote:
l3v1ck wrote:
For £140m, I'd want something much bigger somewhere in the world that's much nicer than London.

But the location /s

If you paid me 140m, I might consider living in London, I certainly wouldn't pay 140m for the "privilege"...

Do you accept Zimbabwe $? Z$140 million is about €1 :D
Author:  jonbwfc [ Wed Aug 11, 2010 8:45 am ]
Post subject:  Re: One Hyde Park penthouse sells for record-breaking £140m
big_D wrote:
Amnesia10 wrote:
l3v1ck wrote:
For £140m, I'd want something much bigger somewhere in the world that's much nicer than London.

But the location /s

If you paid me 140m, I might consider living in London, I certainly wouldn't pay 140m for the "privilege"...

Oddly, I think it's very unlikely anyone who can afford to pay £140m for a penthouse like that would actually be forced to live in it. I suspect it's someone with enough resources and interests to have several properties in various places and reasons to travel frequently between them. I bet it's not even occupied more than a couple of months a year.

Jon
Author:  Amnesia10 [ Wed Aug 11, 2010 10:36 am ]
Post subject:  Re: One Hyde Park penthouse sells for record-breaking £140m
jonbwfc wrote:
Oddly, I think it's very unlikely anyone who can afford to pay £140m for a penthouse like that would actually be forced to live in it. I suspect it's someone with enough resources and interests to have several properties in various places and reasons to travel frequently between them. I bet it's not even occupied more than a couple of months a year.

Jon

The person who buys this probably pays no tax anywhere. Not resident anywhere long enough to qualify to pay.
Author:  snowyweston [ Wed Aug 11, 2010 12:50 pm ]
Post subject:  Re: One Hyde Park penthouse sells for record-breaking £140m
My mate installed the bogs! :lol:

As has been said already, anyone who can buy a penthouse for £140M more than likely owns a significant amount of property that easily dwarfs that - so it's not like they're buying it as a first home.

As to a question of taste, justification or fairness; I don't know where I stand on the matter to be honest. I don't like Candy & Candy, I think their work is gash. I don't like developments that effectively keep low-income earners from town centres. But I don't think anyone can/should stop anyone from spending their money however they please.

And to those who've said here they'd not live in London if they had that kind of cash, imagine just for a moment you did have that kind of cash.... living would be a completely difference ball game and your rotten experiences of London would not even register. You wouldn't travel on buses, tube or trains, you could dine and shop as and where you please and you would have your own jet at London City. To be honest, you wouldn't worry about anything. Remember, there's no point being a filthy rich billionaire if you only plan to laze around in a hammock by the a beach in the sun! ;)
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