London’s elite ‘pushed out of exclusive postcodes by super rich’
Displacement of old money is in turn pricing neighbourhoods in south and east London beyond the reach of average Londoners – LSE report
Displacement of old money is in turn pricing neighbourhoods in south and east London beyond the reach of average Londoners – LSE report
Housebuilder has also not launched any new schemes blaming EU referendum and changes in government policy
Oil price, stamp duty and Brexit fears cause drop in areas such as Notting Hill and Hampstead but market rises elsewhere
Estate agent predicts some billionaire clients will sell property if no longer able to keep identity secret via offshore firms
Downturn at top end prompts developers to withhold from sale 150 flats designed by Frank Gehry and Norman Foster
Developers have projects in the pipeline totalling 40m square feet and worth £77bn at 196 sites across the capital