This misery stands in the shadow of the monumental residences of the rich. Perhaps the most obscene example is at Embassy Gardens in Nine Elms, southwest London, where, 10 storeys up, sits the “Sky Pool”, described as the world’s first swimming-pool bridge, connecting two sections of the luxury development.
Asked why anyone would bid on thin air, auctioneer Phillip Arnold explained that it was an affordable way to get a foothold in the neighbourhood - where the average flat sells for over £600,000.
Rightmove listings have revealed a string of listings in Battersea Power Station (pictured) and Nine Elms have been reduced in price in recent weeks, properties worth millions advertised online showed.
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