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Housing - empty investments

London has tens of thousands of “safe deposit boxes” positioned on its public streets – houses and flats bought for investment but untenanted. The revelation follows the analysis of the purchase of 30,000 homes by ten foreign investor companies based in Abu Dhabi, Hong Kong, China, Malaysia, Australia, Singapore and Sweden. The new perversion in the housing market is no longer “buy to let” but “buy to leave”.

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