Mayor of London launches probe into the impact of foreign investment in city's real estate
London mayor Sadiq Khan is to launch the UK’s most comprehensive inquiry into the impact of foreign investment flooding London’s housing market, amid growing fears about the scale of gentrification and spiralling housing costs in the capital. Khan said there are “real concerns” about the surge in the number of homes being bought by overseas investors, adding that the inquiry would map the scale of the problem for the first time.
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Nicholas Korody via Archinect - News http://ift.tt/2cEzWov
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