A flood of money from Hong Kong could rescue London's struggling property market
28 February 2021
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The Daily Telegraph
Demand from Hong Kong buyers who move to Britain on the new visa scheme could help to boost London’s struggling market for high-end homes, agents have said.
Sales of luxury property, particularly flats, in the capital have been hit hard during the pandemic. Hong Kong buyers, who largely favour apartments, may fill this gap, while others may take advantage of lower rents in the capital, pushed down by the impact of the pandemic.