09-05-2018, 21:14
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#23
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laeva recumbens anguis
Cable Forum Team
Join Date: Jun 2006
Age: 69
Services: Premiere Collection
Posts: 43,860
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Re: Pay millennials £10,000 and tax working pensioners
Quote:
Originally Posted by nomadking
As I pointed out, the properties bought purely for investment are high-end ones, so no real impact on availability. People are living in the social housing that was sold off, so again no impact. Enough are being built, but you can't let in this many people for there not to be a problem. Especially when so many of them make no real contribution to the country, apart from the crime rates and benefits bill.
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https://www.theguardian.com/society/...st-time-buyers
Quote:
Foreign investors are buying up thousands of homes suitable for first-time buyers in London, using them as buy-to-let investments and often holding them in offshore tax havens, research for the London mayor, Sadiq Khan, has revealed.
Led by investors from Hong Kong and Singapore, foreign buyers snapped up 3,600 of London’s 28,000 newly built homes between 2014 and 2016, according to the most comprehensive survey yet of international investment in London housing. About half of those were priced for first-time buyers between £200,000 and £500,000.
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