The question… is the piece deliberately provocative or simply a miscalculation of youth, to be rued a decade from now when it’s still thrown up in Google searches? The author received an inheritance at the end of the 1990s, invested it in a London flat and now - by judicious “trading-up” - is a “homillionaire” on a journalist’s salary, sufffering the awkwardness and embarrassment thereof. He doesn’t sound particularly embarrassed though. Or awkward. Which hasn’t escaped the attention of a sub-editor writing picture captions. Read it here.
I was hoping this piece might turn out to be a reflective and grown-up look at the possible results of illiquid asset taxation (a future mansion tax) on Londoners who can’t afford to move and might find it problematic affording to stay. Oh well.
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