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[–] 0 pt

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?

[–] 0 pt (edited )

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.