UK housing market

“While Londoners find themselves priced out of the capital, many new homes are left unused by wealthy investors based overseas. Londoners aren’t the only ones losing out: demand for London property is fuelled by the corruption that robs public services of vital funds all around the world. Others feel the need to move their legitimate wealth here out of fear of what might happen to it in countries where corruption is endemic or has brought instability in times of crisis.”

www.trustforlondon.org.uk/publications/faulty-towers-understanding-impact-overseas-corruption-london-property-market