More than 200,000 homes in England with a total value of
£43bn were empty for at least six months during 2016 despite the desperate
shortage of properties to rent and buy. According to official figures,
Birmingham was the worst affected city outside London with 4,397 empty homes
worth an estimated £956m, followed by Bradford and Liverpool. The wealthy
borough of Kensington and Chelsea, with 1,399 empty homes worth £664m, was the
worst performer in London as super-rich owners rejected renting them out or
selling up in favour of leaving their properties lying idle. Read more on the
Guardian website.
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