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Who Can Afford A £25M London Home?

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http://www.bbc.co.uk/news/business-26779270

House prices in London and the south east have been boosted by cash buyers from abroad, as some price tags reach as much as £25m.

Around half of new properties in developments such as the capital's Battersea Power Station are being bought by overseas investors.

Although good conclusion that it's making home less affordable for everyone else. Look the guy who said it makes the prices just outside London look reasonable.

It seems foreign investors love London property.

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I've seen a few episodes of the Professionals this week, it was big Arab money in the 70s buying up the big houses, then it all crashed in '88 and stayed that way for ten years.

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I've seen a few episodes of the Professionals this week, it was big Arab money in the 70s buying up the big houses, then it all crashed in '88 and stayed that way for ten years.

Yes and completely deleting the English character that used to prevail in these areas. Dito today. Whole swaths of prime London have taken on the persona of 'diplomatic immunity' land devoid of all soul and personality but far worse than the 70's efforts due to the scale of it. 'Real people need not apply'

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  • 407 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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