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Despite such questions, British landlords, realtors and tax authorities are all happy to take rich foreigners' cash ... such a negative impact on the London property market." ...
Oligarchs, exiled leaders, hedge fund managers and high net worth locals have coexisted in a city where old and new money ...
Rich foreigners should be restricted from buying ... Abramovich from adding to his multi-million pound collection of London homes. Investment from China, Malaysia and Singapore will also be ...
In the first two of his own three studies into the matter, with the help of property market analysts Dataloft, Main provides some fresh insight into the lives of London’s super rich.
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Mega-rich step back from London's top property market ... for now“For homes valued above £20 million, the number of deals across London dropped by 25 per cent to 35 per cent during 2024, due to the significant disruption to the market caused by stamp duty ...
At the same time the global super rich buy London homes like they are gold bars, as assets to appreciate, rather than homes in which to live. In a city enduring a housing crisis those empty homes ...
As Britain's housing market continues its downward spiral due to recession, London's biggest builders are targeting cash-rich investors from India and other emerging economies to stay afloat.
‘The rich need the city like an astronaut needs a spacesuit’: How the super wealthy took over London
The idea of the alpha city resides in the sense that upward marching property values are a good thing, that the City of London is a gift to city and country, that the rich are self-made wizards of ...
Even London’s wealthiest homebuyers are shying away from deals as a cocktail of pricier borrowing and political uncertainty spooks the city’s real estate market. Transaction volumes across ...
the number of super-rich renters in the capital has never been greater and it’s not unusual for his clients to spend between £10,000-£40,000 a week for a prime property in one of London’s most ...
We’ll send you a myFT Daily Digest email rounding up the latest Knight Frank LLP news every morning. Houses in the most exclusive parts of London are now depreciating in value at a faster rate ...
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