Home is Where the Money is; Housing  

Oleh:

[s.n]

Jenis: Article from Bulletin/Magazine
Dalam koleksi: The Economist (http://search.proquest.com/) vol. 403 no. 8791 (Jun. 2012), page S12-S15.
Topik: Cities; Geographic Profiles; Housing; Demand; Trends; Statistical Data; Real Estate; Conservation; Rentals

Ketersediaan

Perpustakaan Pusat (Semanggi) Nomor Panggil: EE29.72 Non-tandon: 1 (dapat dipinjam: 0) Tandon: tidak ada

Lihat Detail Induk

Isi artikel

Demand for London property is driven by a rising population and foreign money. According to Liam Bailey, head of research at Knight Frank, an upmarket estate agent, the company sold prime London property to people of 30 different nationalities in 2006 and 64 in 2011. The top end of the market is dominated by buyers from the former Soviet Union. The fastest growth in demand is coming from Asia. Whereas locals prefer period properties, foreigners tend to go for new stuff. The soaring demand for London properties is being met by scant new supply. London's population is rising at around 100,000 a year. Last year 17,977 properties were completed. With an average household size in Britain of 2.3 people, that is less than half the number needed for people living in the city, never mind people buying them as second homes. The conservation lobby is partly responsible. The government's new emphasis on localism also makes development difficult. But perhaps the biggest constraint on development in London is the Green Belt. High housing costs make London an expensive city to live in. There are only two ways of increasing London's housing supply: building up or building out.

Opini Anda

Klik untuk menuliskan opini Anda tentang koleksi ini!

Kembali