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Friday, August 09, 2013

If You've Got It, Flaunt It

At a time when many workers are desperately trying to get together enough money for the deposit on a house the owning class are continuing in their usual spendthrift fashion. 'Britain's most expensive parking place has gone on the market for £300,000, almost twice the price of the average home. The open-air spot is 11ft by 21ft and is in Hyde Park Gardens, London, where many houses cost millions of pounds.' (Times, 8 August) If you think that was unusually expensive the same report mentions an underground parking space near Harrods that was priced at £200,000 in 2011. RD

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