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London Luxury Home Prices Unsustainable

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The Duke of Westminster rents out just shy of 500 flats in London, many on his 300-acre bailiwick of Mayfair and Belgravia. Many affordable only if you are rich. Duke of Westminster's family trusts looking to buy rental properties for middle income tenants as London's five-year luxury home boom may be waning. Grosvenor will target rental-home purchases because the value of luxury properties may climb at a slower rate, The London-based company may partner with pension funds in the investments, he said. Link

Is it related to cap on rental property and cutting housing benefit?

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  • 242 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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