
According to other (admittedly old now) articles from the Grauniad (links below), the situation of absentee owners exists in the Bezier Building located on London’s Silicon Roundabout.
In early 2014, only one third of apartments in the Bezier Building had anyone registered to vote. Again, this could be a sign of a lack of interest/faith in democracy or a sign that vast wealth is the best way to get what you want in the UK.
Of course, when in opposition, Labour chose to virtue signal it was unhappy with the situation, while not being compelled to take action. Essentially, it suggested, "local homes for local people".
We are now at a crossroads in the UK where we need to decide, do we want unfettered capitalism where we respect all international laws and permit the free flow of people, capital, etc? Or do we want the UK to be for the benefit of UK citizens?
If we want the first option, we need to accept the UK is highly desirable, and that as a consequence, the proportion of home owner/occupiers in the UK will continually decline.
www.theguardian.com/money/2014/feb/07/local-buyers-first-…
www.theguardian.com/business/2014/dec/04/property-investo…
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Posted by London Lights on 2016-12-16 07:11:53
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