Profiting from Dying
Paul Farrow conjectures in his Telegraph column:
"The father of a friend mentioned that he had bought burial plots for himself and his wife at a local cemetery 20 years ago for just £30 each. Today, those plots are worth more than £600 – a potential return of 1,900 per cent.
The local council will happily take the plots back for the price at which he bought them – but the local funeral director says he has people queuing up to buy a plot. For a cut, he will sell it "on the open market" and deal with any paperwork. My friend's father stands to make a killing, if you'll forgive the expression, of £800.
In many London boroughs, the cost of burials is touching £5,000 – almost double the price of a couple of years ago. Apparently, a burial in Lambeth will set you back £4,950. And it's not just in London where prices are soaring: in Ipswich you'll pay close to £3,000.
Given that the supply/demand equation works in cemeteries' favour, you would have thought that there must be a way of making a profit.
So is there?
Well, there is already one scheme, cemeteryinvest.com, that is trying to attract investors and estimates that it can make them 87 per cent in three years by buying plots in a new cemetery it is building. The scheme is unregulated and it is also the first of its kind in the UK, which suggests that prospective investors need to tread very carefully."
Non-Profiting from Dying
In order to try and bring somewhat of a balance to the relationship between proft and dying I draw attention to The Buddhist Hospice Trust which is an orgnisation comprising a network of Buddhist volunteers providing compassionate care and spiritual support for seriously ill, dying or bereaved people, their families, friends and carers.
This polarity thereby demonstrates that profit and loss are fulfilling their dualistic roles perfectly.