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How to Spend It: The ‘most Expensive’ Stuff Making the News This Week

Posted on the 13 April 2012 by Periscope @periscopepost
Photo credit: Purpleslog

Money to burn? Photo credit: Purpleslog

According to press release from the Financial Times, downloads of the paper’s How to Spend It iPad app just surpassed 100,000. Sure, it’s a free app (ironically?), but the implications are mildly shocking in this era of tightened belts: Could there possibly be that many people who need constant access to a database of hundreds of expensive luxury items and articles thereon?

It seems that there may be – or possibly maybe enough people who want to be in that enviable position – so, to help them out, we’ve compiled a list of the most expensive stuff making the news this week.

Most expensive one-bedroom flat on earth. This 412-square meter flat, located in the chi-chi Minami-Azabu neighbourhood of Tokyo, boasts two kitchens, three bathrooms, a shoe closet that’s more like a shoe museum, and, of course, only one bedroom. And it costs $21.8 million.

Most expensive city in the world – for locals. In Mumbai, India’s booming, bustling west coast city, the average Indian would have to work for 308 years to afford a home in one of the prime parts of town. This news comes courtesy of Bloomberg, which compiled a chart of the most expensive places in the world to live versus the income of the average local. London is fourth on the list – it would only take the average Londoner 136 years to earn enough to buy a nice home.

Most expensive ticket in Major League Baseball. This probably doesn’t mean much to anyone outside of America, but tickets to see the Boston Red Sox play at the historic Fenway ballpark are the most expensive out of any major league team, at an average of $53.38. We will spare you the Moneyball joke.

Most expensive postal charges. Britain is abuzz with the news that the price of a first-class postage stamp is set to rise by a whopping 33 percent, from 46p to 60p, and the price of a second-class stamp will rise almost 40 percent, from 36p to 50p, by the end of April. But though the UK is the fifth most expensive place to post a standard letter in Europe, it’s not the most expensive – that honor goes to Norway, which also tops the global list, the BBC reported. But adjusted for relative purchasing power, it is actually Jamaicans who are hit the hardest by the high price of posting a letter.

Most expensive cup of coffee. Kopi Luwak is a type of coffee bean that’s harvested from the feces of the luwak, a kind of Asian cat that resembles a ferret. For the pleasure of drinking beans that have been passed through the digestive track of a small mammal, one can expect to pay upwards of $50 a cup.

The Most Expensive Journal. For everything that is available to buy, there is a most expensive version of it. The Most Expensive Journal blog pulls together everything from the world’s most expensive men’s suits to the most expensive tuna – yes, tuna, as in the fish. And, just to satisfy your curiosity, it was $736,000.

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