Decadence is an unpleasant charge to throw, but I can think of no better word to describe the 21 empty mansions in Mayfair highlighted in Saturday’s Guardian.
Mayfair and its environs have always been a unique property market. It’s location in the heart of London, quality of property, and prestigious neighbours have made it the UK’s premier piece of real estate for years. Its value transcends the normal workings of the property market. Anybody who needs a mortgage can’t afford it anyway. So [...]