CIOs and Bow Ties
£15bn worth of London homes sit empty, as Londoners squabble over supply
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points form the article:
- £15bn worth of London homes sit empty, as Londoners squabble over supply
- London has made a name for itself as a destination for ultra-wealthy buyers to snap up prime real estate as assets and holiday homes, while prospective homeowners squabble over a reduced supply.
- It is, of course, worrying to see that so many houses are sitting empty and unused across the country, especially as in 2020, more than a quarter of a million people in England alone were placed in temporary accommodation amidst the Covid-19 pandemic,
- Some 29,242 houses have been left unoccupied for at least six months in the capital, w
- The City of London has the highest proportion of empty houses in Britain, the FOI data found, with around 42 per 1,000 homes gathering dust.
- collision of Brexit and the pandemic
- https://www.cityam.com/15bn-worth-of-london-homes-sit-empty-as-londoners-squabble-over-supply/
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