Going by recent headlines, you’d be forgiven for thinking that nearly all of London’s new-builds were being hoovered up by foreign investors. Well the British Property Federation has been trying to get to the bottom of exactly what this proportion is, firstly by defining overseas buyers as “those who normally reside overseas”, and then by reconciling the vast-ranging stats. The upshot is the figure of 15% in 2013.
February 26, 2014
World map in:”Tabulae Rudolphinae: quibus astronomicae” by Johannes Kepler, 1627/Source: NOAA/Creative Commons Licence