London for sale? An assessment of the private housing market in London and the impact of growing overseas investment [electronic resource]
Language: English Publication details: London Smith Institute 2012; London Future of London 2012Subject(s): Online resources: Summary: Considers the effect on affordability issues of the large increase in overseas investment in the private sector housing at the prime and high end of the market is having on the London residential market. 60% of all new build homes are purchased by overseas investors with 5 billion pounds being invested in luxury homes, five times more than annual investment on affordable homes and a third of loans made for home loans. Calls for investment in the affordable homes sector rather than in the luxury sector.| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| Book | Virtual Online | ONLINE PUBLICATION (Browse shelf(Opens below)) | 1 | Available | 156885-2001 |
Considers the effect on affordability issues of the large increase in overseas investment in the private sector housing at the prime and high end of the market is having on the London residential market. 60% of all new build homes are purchased by overseas investors with 5 billion pounds being invested in luxury homes, five times more than annual investment on affordable homes and a third of loans made for home loans. Calls for investment in the affordable homes sector rather than in the luxury sector.