Also, don't they pay property tax on these huge valuations?
"We, writers, painters, sculptors, architects and passionate devotees of the hitherto untouched beauty of Paris London, protest with all our strength, with all our indignation in the name of slighted French English taste, against the erection... of this useless and monstrous Eiffel Tower Shard... To bring our arguments home, imagine for a moment a giddy, ridiculous tower dominating Paris London like a gigantic black smokestack, crushing under its barbaric bulk Notre Dame, the Tour Saint-Jacques, the Louvre, the Dome of les Invalides, the Arc de Triomphe, Westminster Abbey, Big Ben, Nelson's Column, the London Eye1, all of our humiliated monuments will disappear in this ghastly dream. And for twenty years … we shall see stretching like a blot of ink the hateful shadow of the hateful column of bolted sheet metal glass and concrete."
It's going to be interesting to see who they will get to do the building's custodial work given that it is becoming ever more impractical for somebody to live in the London area on a blue-collar, or even middle-class white-collar, wage.
Question: If the UK government is short on money, shouldn't re-appraising/raising the council tax be in short order? Especially if the top band is so ridiculously low?
Whence the paranoia about foreign ownership?
1) There's nothing artificial about it. People value housing in London and they're willing to pay for it.
spaceheater: I'm wary of any article that decries the presence of "foreigners" and "foreign money."
And having a structure that looms over the city in strange, new ways is hardly undesirable.
ripley_: This influx of foreign wealth distorts local prices for everything
Citation please? Given the huge numbers of financial professionals in London, it's not actually obvious that a significant chunk of the wealth in London is foreign.
« Older New report suggests Mars may be full of liquid wat... | Rise of Flight is a World War ... Newer »
This thread has been archived and is closed to new comments
Buy a Shirt