I was up there a few weeks ago and it is a mad place you can smell the money and sense the rich trying to out do each other, there`s loads of new buildings going up in the center especially around Victoria station area mostly bought off plan by the newly rich Chinese who pay a small fortune as investment properties which still seem quite cheap to them back in Hon kong and other wealthy cities out there ! truly another country with in our own !
I do a lot of work in London, and it's a different economy up there. The developments we have worked on, the apartments are bought off the drawing boards most of the time. The prices are obscene, I was at a meeting a month ago. They were saying, some people all ready selling there apartment without moving into it, and making 200k profit. Mind boggling!!!!
Yes its deinately a country within a country. But isn't the PL the same in football terms especially the top 6 when you compare them to clubs in the lower tier of the football league and even to other clubs in the PL. Pleased to see Bournemouth and Watford come up. Selfishly in terms of the latter as I can get there in 20 mins
My company is moving out of London and setting up shop in South Wales, when they move out they will make an immediate £60k a year saving on rent, and as we are buying a property here, we will save about £30k a year rent we have in the building here. So £90k saving and the property we are buying here will cost us about a £18k a year to mortgage
So with all this wealth why do we have a deficit? Why are we baling out the banks for the super rich? are we stupid? It would seem so.
