Tag: Property - Page 13

London’s elite ‘pushed out of exclusive postcodes by super rich’

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Displacement of old money is in turn pricing neighbourhoods in south and east London beyond the reach of average Londoners – LSE report

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Housebuilder has also not launched any new schemes blaming EU referendum and changes in government policy

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Oil price, stamp duty and Brexit fears cause drop in areas such as Notting Hill and Hampstead but market rises elsewhere

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Estate agent predicts some billionaire clients will sell property if no longer able to keep identity secret via offshore firms

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Downturn at top end prompts developers to withhold from sale 150 flats designed by Frank Gehry and Norman Foster

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Developers have projects in the pipeline totalling 40m square feet and worth £77bn at 196 sites across the capital