Getbig.com: American Bodybuilding, Fitness and Figure
Getbig Main Boards => General Topics => Topic started by: Al-Gebra on September 03, 2006, 10:09:33 AM
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Prime residential property in London now costs around 1,200 pounds ($2,300) per square foot, compared to 1,000 pounds ($1,900) in New York, according to CB Richard Ellis Hamptons International.
And the so-called "super prime properties" in London are going for up to 3,000 pounds ($5,715) per square foot, compared with 2,700 pounds ($5,100) per square foot in New York.
Foreign buyers own 51 percent of the 2 million-pound-plus ($3.8 million) market in London, Knight Frank research shows, compared to 34 percent of the equivalent market in New York and 27 percent in Paris.
The most expensive homes sold this year — a 33 million-pound ($62.8 million) house in Belgrave Square and a former office block on Park Lane — were sold by the Savills real estate agency to buyers from the Middle East.
But even those are dwarfed by the world record 70 million pounds ($133.2 million) paid by Indian-born steel tycoon Lakshmi Mittal for his home at Kensington Palace Gardens in April 2004.
The high prices demanded for prime residences also have been underpinned locally by the 7.5 billion pound in bonuses paid this year to around 330,000 workers at financial firms in the British capital.
Another reason for the continuing high prices is the relatively small number of residences available to buy in the center of London, many of which are only available as leasehold properties.
A leasehold property means that buyers can only purchase the right to live in the building for a set number of years — the number that the lease has to run — and at the end of the lease, ownership reverts to the freeholder. To live there, you pay the landlord a ground rent as well as a service charge to manage any communal areas inside and outside the building.
In most cases, leaseholds run for more than 100 years.
One man happy with the soaring property market in central London would be the Duke of Westminster. He inherited 300 acres of land — in two of the city's most desirable neighborhoods, upmarket Mayfair and Belgravia.
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Thats cool. Weather sucks tho!
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i'll bet a lot of those houses are used seasonally . . . and you also can get used to it, like people who live in seattle
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For the hell of it, we looked at an 800sqft condo for $865,000 :-\!!
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maybe i can get a reciprical license for the UK
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What I don't understand is why all these movies stars and billionaires want to live in london, all around the same area ???
What's the attraction of doing that?
I'd rather buy my own small island in scotland or something out in the countryside.
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I read today that bog roll is 5x more expensive in London than in the U.S.
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I read today that bog roll is 5x more expensive in London than in the U.S.
only you would know something like that . . . :P
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only you would know something like that . . . :P
;D
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I'll bet people who profited from 9/11 have some nice houses in Belgravia.
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London is a fucking dump
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London is a fucking dump
you have some pretty high standards there . . . wonder what you would think of the great metropolis of Detroit.
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what a joke...here in texas cities you can get a 4000sqft house on 2 acres of land for under $500,000.
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what a joke...here in texas cities you can get a 4000sqft house on 2 acres of land for under $500,000.
. . . only drawback is you can't commute to your million pounds a year job at the London Stock Exchange quite so easily.
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Who gives a shit. Londen is a rainy, cramped, shithole. New york is a less rainy , cramped , shit hole. Boston is a cold, old, cramped shithole etc etc.
Give me a suberb a beach, 2 acres and a highway to the dumps to make my money and I am happy!
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I read today that bog roll is 5x more expensive in London than in the U.S.
bog roll?
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bog roll?
Yes! Diesel1 schooled me that that is toilet paper :)
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ah, learn something new everyday
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Hey there is a vacant lot (27,000 sq. ft.) in Kahala on the island of Oahu for just $7,000,000. Deal and a half there.
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No point living in London - the houses are way overpriced. I heard that £1,000,000 will buy you a one bedroom flat in central London but £1,000,000 will buy you a six-bedroom detached house (with land) in the North-East of England. I know what I'd prefer.
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millions and millions of lovely people and it's the CENTRE OF THE UNIVERSE.
I'd probably get bored if i wasn't here. I loved NY too.
>I'd like a country home elsewhere, perhaps, to get away to
<Mabybe one day, maybe in another country.
But I love living here.
It's truly beautiful, vibrant, energetic, thriving and throbbing. xL
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Throbbing? ??? >:(
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yeah, sorry, it's still summer here (the weather got great again) and it was Carnival last weekend and it's still banging. (Music everywhere
I guess I'd like to hear the sound of the ocean and the mountains, but
London is the place to be right now, for me.
expensive, but...
You can get bog roll in the £1 shop (4 rolls
xLinda
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You can get bog roll in the £1 shop (4 rolls
You need it to clean up after performing all those messy blow jobs to your "clients" that afford you your expensive crack habit. MANSLAG!
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I read today that bog roll is 5x more expensive in London than in the U.S.
Really? Andrex a quality brand is about a pound for two rolls. Money well spent if you don't want any breakage mid wipe
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Really? Andrex a quality brand is about a pound for two rolls. Money well spent if you don't want any breakage mid wipe
Toilette paper is pretty expensive in california :-\
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You need it to clean up after performing all those messy blow jobs to your "clients" that afford you your expensive crack habit. MANSLAG!
Hi Nordic
back at ya.
you are so funny
and so original...
ps: i know practically nowt about crack, that's certainly one drug I know I don't need to try or learn about. But I do know that it's cheaper than grass here, so I have an even more expensive habit than you imagine. with love, Lindax
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Really? Andrex a quality brand is about a pound for two rolls. Money well spent if you don't want any breakage mid wipe
Wow. Is that because you economise and just use one little perforated sheet?
Or do you get luxurious and sometimes use two? Go on, live a little, use a few (or as much as you need).
Or try using baby wipes, they are nice.
Then have a shower.
xL
You can get family size Andrex packs at Asda >8/12/16 rolls, real cheap, but you need to drive there.
also you'd need a larger bathroom than I have, to store it all in.
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No point living in London - the houses are way overpriced. I heard that £1,000,000 will buy you a one bedroom flat in central London but £1,000,000 will buy you a six-bedroom detached house (with land) in the North-East of England. I know what I'd prefer.
I'll tell you. a London paycheque
xL
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Fuck London. I'd much rather have a flat in Park Avenue, it would be a step up from Queens. :D
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f**k London. I'd much rather have a flat in Park Avenue, it would be a step up from Queens. :D
let's do it all
xL