rooster59 Posted October 19, 2019 Share Posted October 19, 2019 What one month’s rent in London’s most expensive properties could get you David Buckley Just one month’s rent in a Mayfair penthouse could sail two people around the world on a 112-night cruise We all know how pricey London can be – after all, it’s one of the most expensive cities in the world. But just how much money do renters in the capital’s poshest areas actually spend on their properties? Property experts FastSaleHomes.co.uk have surveyed London rental properties to get an idea of what a person could buy if they moved outside the UK’s capital. The research shows what could be bought with the money one would have to spend on renting these properties for a year. I find the figures quite frightening. If, like me, you find the sums a little difficult to comprehend (or believe) click on the links. Four-bedroom Mayfair Penthouse – £260,000 monthly rent With the £260,000 you would have to pay every month to rent a four-bedroom penthouse in Park Lane (main picture), you could BUY a three-bedroom house in Southampton. With the roughly £3 million in rent payments for the next 11 months you could invest in a four bedroom, four bathroom house in Florida. Or with just one year’s rent, you could buy around 16 properties in the East Midlands*. Full story: https://londoninspire.co.uk/what-one-months-rent-in-londons-most-expensive-properties-could-get-you/ -- © Copyright London Inspire in Thailand Follow London Inspire on Facebook Link to comment Share on other sites More sharing options...
PatOngo Posted October 19, 2019 Share Posted October 19, 2019 Sounds like a good time for hiso Thai's to invest more in the London real estate market! Link to comment Share on other sites More sharing options...
TopDeadSenter Posted October 19, 2019 Share Posted October 19, 2019 Just now, PatOngo said: Sounds like a good time for hiso Thai's to invest more in the London real estate market! Sounds like an even better time to make reciprocal laws concerning Thais buying UK houses and land and Brits buying Thai houses and land. I imagine when the Thai hiso's are forced to give 51% of their UK properties to their British maid or gardener it would raise some eyebrows, and potentially could force Thai law to modernize quick-smart. Link to comment Share on other sites More sharing options...
Matzzon Posted October 19, 2019 Share Posted October 19, 2019 Seems money many times erase the logical sense in peoples mind. Link to comment Share on other sites More sharing options...
CharlieH Posted October 19, 2019 Share Posted October 19, 2019 I would suggest if someone can afford that sort of payment, then they are in a position where money doesnt feature in any aspect of the decision. As I believe someone once said "Its nice to be able to live where your decisions are not based on your finances" Link to comment Share on other sites More sharing options...
beautifulthailand99 Posted October 19, 2019 Share Posted October 19, 2019 7 hours ago, TopDeadSenter said: Sounds like an even better time to make reciprocal laws concerning Thais buying UK houses and land and Brits buying Thai houses and land. I imagine when the Thai hiso's are forced to give 51% of their UK properties to their British maid or gardener it would raise some eyebrows, and potentially could force Thai law to modernize quick-smart. In a post Brexit world all the world's money is welcome in this Free State to invest in what they wish. Expect a house price boom in the SE of England one which I expect to benefit from before my final move back home to cheap as chips North where I will re-invent myself as a Brexit loving northerner returned to my roots and pretend to be poorish. Link to comment Share on other sites More sharing options...
Cryingdick Posted October 19, 2019 Share Posted October 19, 2019 But how many beers, short times and ringing of bells on walking street does it buy? We need to put it in a context that us TV readers can make sense of the metrics. Link to comment Share on other sites More sharing options...
Recommended Posts
Archived
This topic is now archived and is closed to further replies.