Apr
19
Paris Home Price Surge Means Less Value for Brexit-Hit Bankers
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French capital property prices rise 9% in 12 months: Databiens
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London home price premium over Paris has almost halved to 71%
Bankers swapping London for Paris after the Brexit vote are moving from a slumping luxury-homes market to a red-hot one.
A weakening pound has “meant differences in prices between Paris and London have fluctuated significantly over the last 12 months,” Databiens, the French unit of property researcher LonRes, said. “Since the start of 2016, prices in Paris have begun to rise, whereas in central London we saw values fall.”…
Paris Home Price Surge Means Less Value for Brexit-Hit Bankers
