Crash ahoy! London real-estate prices stagnate

City AM - It’s the Qataris, or maybe soon the Chinese.
Propertyweek - This is by floorspace, not value so isn’t really relevant.
Telegraph - makes an interesting point that it’s now mainly SE Asian middle classes buying to let. This suggests to me that the Russians, Qataris, Chinese crooks oligarchs have already had theirs vand we’re seeing the next level of the pyramid scheme cranking up.

I also can’t find a link to the report itself so it’s not clear if the <1% of properties left empty is a proportion of new builds, or of the whole property market. The Guardian suggests that there’s a problem with under-occupancy.

Also bear in mind that a lot of these properties are owned by shell companies so identifying the true owner is difficult. Private Eye did some splendid work on this, though.

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