Extraordinary video from the FT, showing only 19% of central London home sales going to British buyers.

21 Sep 2012

London property porn

The FT "With one house in central London on sale for £300m, London prime property appears to be a bubble fit to burst. This is also socially divisive as house prices in much of the rest of London are falling. Ed Hammond, property correspondent, explains to Long View columnist John Authers where the demand is coming from. (4m 57sec)"

http://video.ft.com/v/1850522318001/London-property-porn