4 ms·
Likely because it is far more desirable to have an investment property in London than any other city in Europe.
by debacle 11y ago
Likely because it is far more desirable to have an investment property in London than any other city in Europe.
- branchless 11y agoIt is more desirable because the UK is having a big fire sale to try and stay afloat. Got your money running drugs? From a corrupt regime? No problem - the UK won't check. Plus all the UK population are busy working hard paying taxes to pay the police to protect your property.
- AnimalMuppet 11y ago"Fire sale" and "property prices are insanely high" seem like disjoint concepts to me...
- branchless 11y agoGuess you don't understand that the UK is selling a lot of land overseas then.
- AnimalMuppet 11y agoI actually do understand that. That doesn't make it a fire sale, though. In particular, a fire sale doesn't just mean "selling at a fast pace". It means selling at a fast pace due to a discounted price. That's where the term fails to match land sales in the UK.