A balanced article about the London housing affordability crisis, following the announcement of an investigation into the impact of foreign money being invested in the London property market. Several different potential influences are explored, with input from estate agents and property firms. Both sides are factually argued, but the concluding argument suggests there are multiple factors involved and overseas investment is not the primary cause.

Key Takeaways:

• Foreign investors are blamed by the population for London’s housing crisis – though this may not be the actual cause.
• Sadiq Khan – London’s Mayor – is launching a large inquiry into the role of foreign investment in London’s property market in London’s housing crisis.
• The real cause of the housing crisis is a multi-faceted problem, including a shortage of land, the greenbelt, strict planning rules and a construction skills shortage.

“One criticism is that foreign investors leave good homes empty, using property as a cash deposit box in which to park their wealth.”

https://www.ibtimes.co.uk/are-foreign-investors-really-problem-londons-housing-market-1585188