Christine Whitehead and Tony Travers along with Kath Scanlon and Melissa Fernandez of LSE London produced the report ‘Creating Conditions for Growth’ for Berkeley Group. It discusses the conditions necessary to stimulate house building, including the role played by foreign investment. Click here to read the report.
International investment in the UK economy is normally highly prized. However international investment in residential property is at best regarded with suspicion and at worst seen as a disaster. The majority of statistics on the role of international investors in residential property come from the major estate agents and concentrate mainly on prime locations in central London. One big issue in understanding these statistics is that the definition of prime changes over… Read More