This story was the lead in the Evening Standard's business section today - foreigners own £55bn of London homes as buying spree set to climb.
The second paragraph is breathtaking:
"There are 103,425 homes in the capital, including houses and flats, that are currently registered with an overseas correspondence address or an overseas company."
This is nearly 13% of the stock in Westminster, 10% in Kensington and Chelsea, and 2.76% of London's overall stock.
How difficult would it be to limit multiple home ownership in the UK by foreign nationals? Or to prohibit ownership by overseas companies?
Are there any political parties willing to take a stand on these issues?
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