House Price Bubble In London

It’s seems we are not alone when it comes to rising property prices and the reasons why


Foreign investment boom for London property market

As house prices in London continue to rise, many young Londoners are finding themselves struggling to get on the housing ladder.

Inside Out has been to Hong Kong to meet the cash-rich consumers who view property in the capital as a safe investment, and the local first-time-buyers they are competing with.

Estate agent Savills estimates in the last year, as much as 85% of new build property in prime central London was bought abroad.

link:

http://www.bbc.co.uk/programmes/n3cswk9z

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