Trump Victory Seen Spurring Foreign Demand for London PropertyBy
Investors seeking safe assets expected to target London homes
Falling pound helping as home prices post only modest decline
Donald Trump may be good for the London housing market.
That’s according to property website operator Rightmove, which says Trump’s shock election victory could spur the return of international investors seeking a safe haven.
While asking prices in the capital fell for a fifth month, the 0.3 percent drop was much smaller than the 1.5 percent average seen in November over the past six years, it said in a report published Monday. The pound’s slide is helping to fuel demand…
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