FILE PHOTO: A"help to buy" sign is pictured next to new houses in Aylesbury, Britain August 6, 2020. REUTERS/Matthew Childs
“It’s become much more of a trend in the past six months or so,” Guy Bradshaw, head of London Residential at Sotheby’s International Realty told Reuters. “I’ve certainly been involved in a lot more conversations and Zoom calls with people in Hong Kong and funds in Hong Kong.” London estimates that over 300,000 Hong Kong residents could emigrate over the next five years, and Bank of America expects Hong Kong residents moving to Britain could trigger capital outflows of $36 billion in 2021.
Alan Wan, 38, who owns 13 residential properties in Britain, launched classes in Hong Kong two years ago – at the height of anti-government protests in Hong Kong – aimed at potential investors in properties in and around Manchester. She plans to re-mortgage her first property to buy a second one this year after getting a residence permit, as mortgage interest rates will be much lower.
I mean its open market, everyone can buy it, dont blame Chinese, blame Brits who dont buy..
A few days ago, 12 Chinese Hong Kong rubbish holding bno passports were repatriated by British customs. You are willing to buy a house and accept them. It is so happy for us Hong Kong people. I hope to see them next time in the London Parade.
Hope they run into tougher renters
Congratulations to the British people, whose government warmly welcomed the Hong Kong rioters to increase the price of real estate.
Just raise capital gain tax....
Allright, fuck it, let China have it
Sounds about right, they did that in the Seattle area, as well.
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