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


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.