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Topic: Re:Re:Re:Re:Re:Re:JR Hearing
Posted by: Francis Rowe
Date/Time: 29/07/15 13:14:00

Ask yourself why would anybody buy a flat in this development and leave it vacant? The research that has been done on this suggests that the amount of voids for foreign owned flats is little different from those that are domestically owned. A mistaken belief has arisen that foreigners have tended to leave flats vacant because this is what a few super-rich Arabs or Russians do in Mayfair.

The reality is that overseas investors buy units in less upmarket developments like this because of the yield they offer as well as any chance of uplift in capital values. Because of the stringent restrictions on the domestic mortgage market there won't be enough owner occupiers to take up these units therefore they are being built because foreign investors are buying them. The chances are they will be fully occupied so it isn't valid to argue that the development makes no contribution to the housing stock.


Entire Thread
TopicDate PostedPosted By
JR Hearing 29/07/15 11:01:00 Elizabeth Ross
   Re:JR Hearing 29/07/15 11:13:00 Julian Pavey
      Re:Re:JR Hearing 29/07/15 11:28:00 Claire Moran
         Re:Re:Re:JR Hearing 29/07/15 12:40:00 T P Howell
            Re:Re:Re:Re:JR Hearing 29/07/15 12:49:00 Claire Moran
               Re:Re:Re:Re:Re:JR Hearing 29/07/15 13:03:00 Rima Jones
               Re:Re:Re:Re:Re:JR Hearing 29/07/15 13:04:00 Carl Wynne
                  Re:Re:Re:Re:Re:Re:JR Hearing 29/07/15 13:14:00 Francis Rowe
                     Re:Re:Re:Re:Re:Re:Re:JR Hearing 29/07/15 14:23:00 Adam Beamish
                        Re:Re:Re:Re:Re:Re:Re:Re:JR Hearing 29/07/15 14:44:00 Rima Jones
                        Re:Re:Re:Re:Re:Re:Re:Re:JR Hearing 29/07/15 14:44:00 Claire Moran
                           Re:Re:Re:Re:Re:Re:Re:Re:Re:JR Hearing 29/07/15 15:01:00 Rima Jones
                           Re:Re:Re:Re:Re:Re:Re:Re:Re:JR Hearing 29/07/15 15:12:00 Adam Beamish
   Re:JR Hearing 29/07/15 15:34:00 Adrian Irving
      Re:Re:JR Hearing 29/07/15 15:57:00 Adam Beamish
         Re:Re:Re:JR Hearing 29/07/15 16:37:00 Adrian Irving
            Re:Re:Re:Re:JR Hearing 29/07/15 16:38:00 Claire Moran
               Re:Re:Re:Re:Re:JR Hearing 29/07/15 16:50:00 Adrian Irving
            Re:Re:Re:Re:JR Hearing 29/07/15 16:47:00 Adam Beamish
               Re:Re:Re:Re:Re:JR Hearing 29/07/15 16:57:00 Adrian Irving
                  Re:Re:Re:Re:Re:Re:JR Hearing 29/07/15 18:01:00 Claire Moran
                     Re:Re:Re:Re:Re:Re:Re:JR Hearing 29/07/15 18:07:00 Carl Wynne
                        Re:Re:Re:Re:Re:Re:Re:Re:JR Hearing 29/07/15 18:13:00 Julian Pavey
                           Re:Re:Re:Re:Re:Re:Re:Re:Re:JR Hearing 29/07/15 19:01:00 Adam Beamish
                              Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:JR Hearing 29/07/15 19:06:00 Julian Pavey
                                 Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:JR Hearing 29/07/15 19:39:00 Claire Moran
                                    Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:JR Hearing 29/07/15 22:56:00 Adam Beamish

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