Christine Whitehead

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    The role of foreign investors in the London residential market

The role of foreign investors in the London residential market

LSE London have just completed a study of the role of overseas investors in the London residential market for the Greater London Authority, looking at the proportion of new homes sold to buyers who live abroad and at the proportion of those homes left empty; and the contribution of overseas sales and finance to new development. They found that:

Significant proportions of […]

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    Contrary to popular belief, new developments do not decrease nearby property values

Contrary to popular belief, new developments do not decrease nearby property values

Many people fear that new housing development will worsen local amenities, reduce their wellbeing and perhaps even undermine the capital values of their home – often regardless the quality of the development envisaged or whether there is a shortage of homes to meet local needs.

The question of the impact on house prices is never directly addressed during the planning […]