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The super-rich are swapping mansions for £2m motorhomes. Do they know something we don’t? | Emma Beddington

These plutocrats spending months in the equivalent of Center Parcs when they could be jetting off to a White Lotus-style resort just proves my view that wealth is wasted on the wealthyI don’t particularly enjoy analysing the habits of the ultra-rich. I would be happier if I didn’t have to think about them at all – and I apologise for making you do so – but in my defence, this is fascinating: a feature in the Financial Times reveals some have started selling up and living in motorhomes.Obviously, they’re ultra-luxurious motorhomes. The owner of a private equity firm interviewed has a 30-tonne behemoth with air conditioning and high-speed internet, a kitchen, dining room, two bathrooms, a “spacious master bedroom” and “a range of modern hi-tech appliances”. Which, yes, sounds plusher than my in-laws’ caravan, but it’s still a massive shed on wheels. And you’ll never guess how much they cost: “around $2.7m” (£2m), apparently. Imagine the bricks-and-mortar house you could get for that – that private equity chap sold both of his – and you wouldn’t have to empty a toilet tank. (Maybe they outsource that somehow, but still.) Continue reading...

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