Friday, July 2, 2010

Capital

Almost 70pc of London buyers from overseas

The number of wealthy foreigners buying top end homes in London has jumped by almost 20 per cent in the past year.

Posted by dill @ 12:11 PM (1592 views)
Please complete the required fields.



9 thoughts on “Capital

  • Ahh, what a shame… my £5m+ budget is being pushed aside by wealthy foreigners…

    Can we please stop publishing news that are from another planet???

    Reply
    Please complete the required fields.



  • Almost 70% of St Ives buyers from London….

    Reply
    Please complete the required fields.



  • Less of a national worry when that dirty b0mb goes off then.

    Reply
    Please complete the required fields.



  • I heard a different new about British flocks to snatch luxury properties in Kumming?

    Do you know where Kumming is? It is situated in south west area in China.

    Reply
    Please complete the required fields.



  • Cashisking says:

    more fool them!

    Reply
    Please complete the required fields.



  • happy mondays says:

    The british bought up in Spain & helped stuff up / push up prices there…

    RC Pajero

    Reply
    Please complete the required fields.



  • easybetman says:

    I think this is good thing as foreigner part of their cash and bought into overpriced items (and yes, they also buy Burberry).

    The Japanese bought lots of stuffs in US in the 1980s, just to return them in 1990s at much lower pricess.

    Reply
    Please complete the required fields.



  • 2nd homes should be taxed at a phenomenal rate.

    Reply
    Please complete the required fields.



  • tenyearstogetmymoneyback says:

    easybetman I agree completely.

    Years ago I read a claim that the Balance of Payments will always balance.
    If (as was the case in the USA in the 1980s) the only way is to flog off the countries properties then that is what will happen.

    I wonder if we can sell London Bridge again ? 🙂

    Reply
    Please complete the required fields.



Add a comment

  • Your email address is required so we can verify that the comment is genuine. It will not be posted anywhere on the site, will be stored confidentially by us and never given out to any third party.
  • Please note that any viewpoints published here as comments are user´s views and not the views of HousePriceCrash.co.uk.
  • Please adhere to the Guidelines

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes:

<a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>