Monday, February 25, 2013

Over two-thirds of properties in Notting Hill area sold to foreign buyers

Over two-thirds of properties in Notting Hill area sold to foreign buyers

Since the Budget, overseas buyers have dominated the prime West London market. Currency is a big factor: prices in prime London have increased by 30% over the past five years for domestic buyers using Sterling. However, in Euros, prices have only increased by 16%, and by just 4% for those purchasing with US Dollars.

Posted by the planet @ 08:43 AM (1559 views)
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6 thoughts on “Over two-thirds of properties in Notting Hill area sold to foreign buyers

  • It’s important to keep the UK ponzi scheme going, Like any ponzi, new people need to keep on getting sucked in to keep it going.

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  • By devaluing our currency, i.e. our wages, income, pensions and savings, they have committed a genocide of the British people.

    Be depriving us of the ability to thrive and survive. By robbing us blind.

    “What You Should Know About Inflation” Henry Hazlitt (1964) mises.org/story/2914

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  • Just two thirds?

    Though I guess there are a sufficient number of chinless decendants of Norman robber barons to keep the British end up ….

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  • Montesquieu – what a snipy thing to say. Didn’t you know that the oligarchy are a dominant MINORITY. Painting everybody with a brush isn’t nice.

    Inverse racism just is not cool.

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  • + 1 + 3

    -2 -4

    I note the way that Piddly slags off what his chosen Lords and Masters are doing in one comment and then proudly tells us all to knuckle under and do their bidding in the next.

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  • Piddly pontificating on what is cool has a Govesque ring about it.

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