[Osem]

Rents are going up but then many properties in what were 'dodgy areas' not that long ago are being renovated to a very high standard as those areas have become desirable hot spots. Rents/prices then increase accordingly. Short of linking property ownership to residence or imposing some sort of tax or premium on foreign buyers, I can't see any way of stopping foreign buyers doing what lots have Brits. have done - buying up holiday *** investment properties overseas which often remain empty for large parts of the year.