Philip EastwoodThe impact of ‘buy to leave’ on prime London’s housing market.
Fears are growing about the number of homes being bought by investors and left empty — but what can be done to stop it?
Should we be morally outraged by the phenomenon called “buy to leave” or should we dismiss it as a tiny if inevitable consequence of a resilient housing market? Politicians and estate agents use the term for properties bought as assets, intentionally and permanently left unoccupied until they appreciate and are sold at some later date.
Read the full article for Sam McArdle‘s insight on the rise of buy to leave:
The impact of ‘buy to leave’ on prime London’s housing market | Financial Times
