Heath Hall in Hampstead Garden Suburb, London, could be yours for a mere £100 million. Ed Hill
Billionaires' Playgrounds -- Wall Street Journal
For those wealthy enough to invest in the so-called 'super-prime' housing market, the only way for their portfolio is up.
While bubbles have burst, prices tumbled and sales declined in the broad property markets across Europe, at the very top end, in the prime locations, it is often a very different story. Central London is the gold standard of international luxury residential property, but there are other areas, from Paris to Monaco to Tuscany, that are not far behind.
"At the prime end and even more at the super-prime end of the London market, prices are at an all-time high. You would not recognize that there was an economic crisis," says Simon Rubinsohn, chief economist of the U.K. property professional body, the Royal Institution of Chartered Surveyors.
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My Comment: I am waaayyy short of money in purchasing any of these properties. :(
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