There’a a lot of money in London, but I am not sure that those who have it spend that much so easily. On the other hand, I may be wrong.
Obviously people are, those with that sort of spare cash want something more exclusive, well in their heads anyway, still available to any tom,dick or Abdul with enough cash. There is a lot of cash in London that is not quite legit and that gets spent very easily. My son had a Ferrari for sale recently, buyer came,saw, wanted, no bidding, no chasing finance, pulled 250k out of a holdall and plonked it on the desk.Getting paid in cash in a pain in the ass and he loses the finance commission but hard to turn down.