July 19, 2018 05:05 pm PDT
Original Link: http://feeds.boingboing.net/~r/boingboing/iBag/~3/e-FWZMW_iXY/sell-sell-sell.html
London luxury housing market bubble bursts: 39% of sales last quarter were to deep discount wholesalers making bulk buys
London's property market continues its implosion, brought on by a combination of tightening capital controls (much of the market exists to help offshore criminals launder their money), Brexit, and a long-overdue correction to a wildly inflated market. (more…)
Original Link: http://feeds.boingboing.net/~r/boingboing/iBag/~3/e-FWZMW_iXY/sell-sell-sell.html
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