Merryn's Blog

Location, location, location

It's not so much the house itself that you pay for, as this list shows. It's where it is.

What makes a mansion? I put up a list last time the mansion tax was being talked about. But for amusement's sake, here is another compiled by an irritated London house-owning friend.

You can see why the whole thing makes Londoners so furious. But the list also does a good job of proving the point that you don't pay much for houses, but you do pay (or not) for the location of houses.

Subscribe to MoneyWeek

Become a smarter, better informed investor with MoneyWeek.

Mansions in London owned by rich, evil capitalists who don't pay enough tax and need to be dealt with accordingly:

Property oneProperty twoProperty threeProperty fourProperty fiveProperty six

Advertisement - Article continues below

Perfectly average homes in the rest of the UK owned by ordinary people who shouldn't be taxed any more than they are already:

Property oneProperty two(an old favourite, still on the market!)Property threeProperty fourProperty fiveProperty six




Beyond the Brexit talk, the British economy isn’t doing too badly

The political Brexit pantomime aside, Britain is in pretty good shape. With near-record employment, strong wage growth and modest inflation, there is …
17 Oct 2019

Most Popular

Stock markets

Here’s what really matters for markets in 2020

The current geopolitical turmoil is making headlines. But it isn’t particularly significant for investors, says John Stepek. What matters more is how …
10 Jan 2020

Mindfulness and wellbeing: the relentless, creepy rise of the enforced happiness industry

The evidence suggests we’ve never been richer or healthier, yet we are always being told how stressed and discontented we are. Jonathan Compton assess…
9 Jan 2020

A look at the state of Iran’s feeble economy

The Islamic Republic is a big player in regional geopolitics, but its economy is weak, its people in revolt and its enemies growing bolder. Simon Wils…
11 Jan 2020

UK property prices are in the doldrums

House prices barely rose in 2019. Good news, says Nicole Garcia Merida.
9 Jan 2020