London (Reuters) - as a public discontent, increases in taxation and rhetoric played their humble origins, wealthy British politicians into global super rich and London property relationship is sour.
Overseas investors park capital relatively safe London brick and mortar family spend more than 100000 pounds (us $16000000) prices have risen 56% since 2007, foreign buyers accounted for about a two two-thirds of the transaction, the property report consultant lai fang said.
Mayfair and kensington, the top of the adjacent areas, such as price will be balanced, next year slowdown, in 3 month coalition government budget, including a proposed "a person of extraordinary powers curtilage tax", lai fang said last Friday.
"Michelin, founding partner of luxury development Finchatton, alex said:" Chelsea 3.5 million pounds in the house of put on sale in March, but interest rapidly after cooling budget, this is the person that buy a house as disappeared in quicksand. "
The last month of an attribute is called the song's building developers sales candy brother's appetite, for 75 million pounds offer high is an important test. Some people buy to $6.5 billion, three source told Reuters.
Personal wealth is a controversial question, be in British politics, conservative prime minister David Cameron often attacked his privilege growth, and many countries suffer from austerity measures. Cameron is the latest a long line of British prime minister attended the eton, Britain's top cost pay school.
Ed miliband, in political broadcast last Tuesday, emphasis on his country's school background, characteristic opposition labor party leader, although the report, his court cabled mountain home is worth 1600000 pounds,.
Last year the opening of luxury single Harrods department store near Hyde Park (Hyde Park) development, avoid the stamp duty attached story and luxuriant second home, sit in the air, causing the government censorship, two sources told Reuters.
March budget proposed 15% tax rate of stamp duty through the company to purchase more than £ 2 million - a commonly used methods of rich buyers, in order to avoid pay stamp duty, and remain anonymous.
It plans to levy property was worth more than 2 million pounds of annual fee and expand the capital gains tax, including an overseas individual through the purchase to buy real estate company also launched a consultation process. The government hopes that from next April of the implementation of the charge.
Consultation period end date (Tuesday), but uncertainty have already been put into the market on the brake, especially for cost between 20000 pounds, 5000000 pounds of family. Knight frank said, in the range of property buyers often is not able to pay the additional taxes.
Plus tax opponents say, a large number of influx of super rich, many of them from Russia, eastern Europe and the Middle East, is beneficial to the economy, because they spend money on local enterprise.
"Nick Klegg (liberal Democratic Party leader, deputy prime minister), to prevent in London successful people buying property, is a kind of myopia mistakes, said:" Michelin, will expand the business to New York and uncertainty in the south of France.
Many buyers sitting on the fence, until the picture cleared, damien bloom, headquartered in London's "winton Paisner law firm partner, professional super-rich tax.
"Finance minister George osborne () will have to make a terrible many speech how wonderful London counter fact, when a customer picked up the phone and said:" I want to buy house, their first thing hit a lot of problems, "bloom says.
But, in the market slowdown, will welcome those who they think, people's living standard gap is immoral, and intensifying shortage of housing in London.
Smith institute a left-leaning think, tank, found in July, said: "many areas of London has become expensive local residents and too much luxury apartment keep is empty, be regarded as profitable investment".
Most of the London continuing attraction lies in rich foreigners are not tax facts, in their overseas wealth, if they don't settle in Britain, although recent policy will be long-term residents collection of up to 50000 pounds.
Buyers also still attracted London, because it is the eurozone and substitutes, such as France become less friendly rich left-wing prime minister francois Mr Lande in the elections.
In London economic slowdown may be temporary, because buyers waiting for the consultation results, and seek new a loophole in the law, LiangLiu soft Finn Dworetzsky, a partner in a law firm Withers said.
"What could happen is everyone a little rest, and they form, they can do (ownership) structure, again. Before kick off, this may is just a temporary calm." ($1 = 0.6222 pounds)




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