Super-rich buyers spent almost £3bn on luxury properties in London last year that became their “third or fourth” homes and “trophy assets”. Political uncertainty in the US and Hong Kong, as well as a weak pound, were other key factors that enabled the mega-wealthy from both overseas and within the UK to splurge even as hundreds of thousands of Londoners risked being “plunged into poverty” as a result of the coronavirus pandemic. The UK capital sold 201 “super-prime” residential homes – defined as costing more than US$10m (£7.3m) – in 2020, according to recent figures by the estate agent Knight Frank. Read more on the Huffington Post website.
The Guardian view on unhealthy Britain: from housing to junk food, there
are solutions | Editorial
-
People are living with sickness or disability younger than a decade ago.
That should shock the country and prompt action
The two-year decline in healthy ...
2 hours ago
