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A comment on How the super-rich are digging down in London. Parent comment

Re:How the super-rich are digging down in London by angarg12 on Sunday May 13, 2018 @06:53PM (#17061459)
At the same time some properties are being held purely for speculative reasons and going derelict. I would much rather have a new construction rather than a rotting 'historic' building.

Point in case: The luxury Principal Tower [1] and buildings just across it [2].

[1] https://www.google.co.uk/maps/@51.5213362,-0.0786701,3a,75y,...

[2] https://www.google.co.uk/maps/@51.5213362,-0.0786701,3a,75y,...

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Re:How the super-rich are digging down in London by Sabinus on Sunday May 13, 2018 @11:16PM (#17062419)
Time for some taxes on foreign property ownership or uninhabited buildings then.
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Re:How the super-rich are digging down in London by jaredklewis on Monday May 14, 2018 @12:53AM (#17062804)
No need to target foreigners really; speculative land ownership does the same harm regardless of which side of the imaginary line an owner was born on.
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