Still can't possibly be as bad as trying to get a place in London.
It’s the same money everywhere these days. There are no FOLs on British property so do you really think the NY jews aren’t snapping up everything in London too?
Its the same problem yes, but its known to be mostly Arab investors buying out properties in London as an investment, and then keeping them empty until prices inflate.
Its a stupid practice all around how rich people can profit so much more by investing in and controlling the housing market, only to drive up prices for people that actually need a home.
The governments all turn a blind eye to it and don't do enough to stop it.
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