The Cool House: £8,000 per square foot

Friday, May 23, 2008

£8,000 per square foot


That's the price a London businessman will pay if the deal on this house in Kensington Gardens, London, England goes through. Britain's richest man, steel billionaire Lakshmi Mittal, can well afford the £117,000,000 ($230 million) price tag, I'm sure, and rumor has it the house isn't even for himself but his son Aditya because dad already owns a sizable house on the same street. But honestly $15,000 a square foot? With a declining housing market and a looming recession? I ask you is this a smart move?
via Huffington Post and The Times

2 comments:

Jennifer said...

But I'm sure it comes with its very own social ladder!

Jenni said...

It must be nice not to worry about the cost of gas.