Market
What it costs to hold wealth in one jurisdiction rather than another, and what the published numbers show once the arithmetic is done rather than quoted.
103 stories
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Five Swiss Watches Ask Under $10,000. The Cheapest Is a Third of a Submariner.
The entry point is assumed to be a $15,495 Submariner. Priced on the same shelf on the same day, it is not.
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11 Classic Cars Under $50,000, Ranked by Whether They Actually Sell
Every guide prices them. None publishes the clearance rate, which is the number that decides whether a valuation becomes money.
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The E30 M3 Makes $63,250 at Auction. The E36 Makes $27,750. Same Badge.
Four BMWs by what they actually sold for, with the clearance rate no valuation guide publishes.
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The Ferrari F355 Costs More Than the 360 That Replaced It. Five Models, by What They Actually Sold For.
The model ladder is described in order of release. Priced on realized auction results, the order does not hold.
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Stamp Duty on a 10 Million Pound House Runs From 1.11m to 1.81m. The House Is the Same.
The bands are published. The two surcharges are published. Nobody puts them side by side, so nobody shows what the same deed costs three different buyers.
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Every London Borough, Ranked: 20 of 33 Fell, and the Worst Is Not the Most Expensive
All 33 boroughs from HM Land Registry’s own index. Price explains about half the decline. Tower Hamlets explains the rest.
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The Porsche 911 Depreciates Backwards. The 964 Costs More Than the 993.
Four generations by what they actually sold for at auction, with the sell-through rate no valuation guide publishes.
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A Median Breitling Asks $4,795. A Median Audemars Piguet Asks $39,245. Six Swiss Brands, Priced.
Every brand ranking calls it prestige. Priced on the same shelf on the same day, the gap between the cheapest and dearest is 8.2 times.
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What a Pre-Owned Rolex Costs, by Family: $7,595 to $40,495
Eleven Rolex families across 256 listings, with the inventory depth nobody quotes and the conflict in the source stated plainly.
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The Cheapest Parts of Britain Are Rising Fastest. The Most Expensive Is the Only One Falling.
Across twelve UK regions the correlation between how expensive a place is and how fast it is growing ran to -0.895. The market has inverted.
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One letter a week: what we priced, and the one number that explains it. No advertising, and your address goes nowhere else.
Weekly, Thursday morning