Wednesday, June 21, 2006


In an unusual move for British property owners, Elton John is insisting his Atlanta penthouse is worth less than you might think.

The trouble, it seems, is that the state of Georgia has said the place is worth $4.6m; Elt's tax consultant is fuming:

Sir Elton's tax consultant, Craig Klayman, says the figure is too much, and could lead to him paying more tax.

"I just don't see how the county can justify that number," said Klayman.

I'd recommend him inviting me to live next door; I'm sure I could help force the area's property prices downwards.