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In London specifically, a significant percentage of foreign investors are absolutely leaving the houses empty. http://www.theguardian.com/uk-news/2015/jan/25/it
by jacalata 11y ago
In London specifically, a significant percentage of foreign investors are absolutely leaving the houses empty. http://www.theguardian.com/uk-news/2015/jan/25/its-like-a-ghost-town-lights-go-out-as-foreign-owners-desert-london-homes http://www.theguardian.com/uk-news/2015/jan/25/its-like-a-gh...
- eru 11y agoSee http://www.economist.com/blogs/freeexchange/2015/04/land-value-tax http://www.economist.com/blogs/freeexchange/2015/04/land-val... for how to combat that (and raise a ton of revenue without market distortion).