Flaunting Their Wealth

FLAUNTING THEIR WEALTH                                           

Nothing better sums up the gigantic economic gap that exists between the owning class and the working class than the housing market. At a time when many workers face rent and mortgage worries we have the flats at One Hyde Park in Knightsbridge, London making the news again. 'Last week a flat in Knightsbridge, central London was sold for a reported £140m, breaking the previous record. It is not even done up yet - when its east European owner has finished poncing about with designer throws, acres of marble and 50 shades of beige, it will be worth a further £20m.' (Sunday Times, 4 May) RD