london property for sale: Why The Chinese Push House Prices Up
- 03/08/10 06:20 PM
The city of London UK has always attracted the super rich with buying power beyond the reach of your average millionaire. In the eighties oil rich Arabs bought into the London housing scene the nineties saw the Russians move in with shocking wealth. Now it is the time of the Chinese who have untold riches and who are splashing out on a little bit of London town. A Hong Kong Billionaires has spent £33 million (USD$49,521,484.78) on a London property confirming that the new international property rich are coming from China. The purchase will have London estate agents seeking new ways … (0 comments)
london property for sale: Property For Sale In London No Guarantees
- 12/22/09 08:39 PM
London prime real estate has severely bucked the global trend by continuous price rises throughout 2009 caused by international buyers and a lack of inventory. Investors seeking to benefit from this in my opinion need to tread very carefully. It seems that London housing is now bottoming out while London's occupational market is still very much struggling will serve only to bash consumer confidence. I also feel also that with many sellers sitting on thier hands in 2009 London will see more properties for sale in London reducing the reason for the increase. International propertyinvestors may also feel that after sustained property price rises in … (0 comments)
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