Indians Now Own More Real Estate in London Than the English

by Chris Black

You sold your country to foreigners.

Now you don’t even have a country.

Why did you do that?

The British are going to grow up living in boxes on streets while people their grandfathers subjugated rule over them.

It’s humiliating.

As a practical matter, it is also a nightmare to be a people living under the heel of a foreign horde.

Remix:

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More real estate in London is owned by Indian proprietors than by the native English population, a new study has revealed.

According to the London-based property developer Barratt London, English property owners are the second-biggest group in their own capital, sandwiched between Pakistani proprietors below and Indian property owners at the top.

Indian investors, both living in the U.K. and abroad, are reportedly willing to spend between £290,000-450,000 (€335,000-520,000) for one-, two-, or three-bedroom apartments in the U.K. capital.

“We are seeing a strong demand from Indian investors looking to purchase properties in London and invest in the stable and long-term property market,” Stuart Leslie, Barratt’s international sales and marketing director told FinancialExpress.com. He added that approximately one-third of Barratt’s overseas sales are to investors intending only to use the property for its rental income.

Leslie revealed that Indian homebuyers make up 3.5 percent of the overseas market; the Middle East is “another strong player … with investors from Saudi Arabia, Qatar, and Kuwait.”

“They’re eager to invest in the U.K. residential market because they are getting better returns owing to the exchange rates and market presence presently,” Leslie said. “It is relatively a safer market in comparison to the UAE or India.”

Furthermore, a globally friendly timezone, universal language, and longstanding democratic and legal principles make London an optimal place to do business as well as relocate, with admissions of Indian students to U.K. schools and universities increasing by 128 percent in just one year.

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