Re:Even the Rich Are Being Priced Out of Central London
by sparklesunshine on Friday September 02, 2016 @05:15PM
(#12416342)
I believe they keep them empty so they can visit at any time. They are their holiday homes.
Some investors buy flats and keep them empty and in bubble wrap for a couple of years until prices increase, then sell. Not "buy-to-let" investors, but "buy-to-sell"!
Some investors buy flats and keep them empty and in bubble wrap for a couple of years until prices increase, then sell. Not "buy-to-let" investors, but "buy-to-sell"!