30.08.2012 - UK: Rise in foreign landlords is 'crowding out first-time buyers’

An influx of foreign investors is driving a resurgence in Britain’s buy-to-let market, holding house prices steady but threatening to push up rents and crowd out first-time buyers. The Bank of England stated: “Foreign investors [have] branched out of commercial property in the capital and begun also to invest in the London residential lettings market.”..............................................Full Article: Source

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