Quote:
Originally Posted by martyh
|
That may be but having read those articles, apart from some small super rich areas, it's all 'could' and 'feared'. Looks like they are trying to sell papers by hyping up a possible eventuality.
Quote:
Hundreds of new homes in Cambridge could be standing empty having been snapped-up by foreign investors, it is feared......
Absenteeism as a problem is peculiar to the smudge of “super-prime” London around Harrods (although there are pockets elsewhere, such as Highgate)
.......could also end up in the hands of “absentee” foreign owners.
But the claims were strongly disputed by developers who insisted under-occupation was “greatly exaggerated” and said international investors only made up a tiny fraction of all purchases across Greater London as a whole.
|