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London's a global city, a magnet for international investors. While this can bring some economic benefits, it also has a dark side when it comes to housing. These **investors often buy properties as assets**, and they don't necessarily intend to live in them. They might leave them empty or use them as short-term rentals, taking these properties off the market for local residents. This further reduces the available housing supply and drives up prices, making things even harder for people looking for a permanent home. Furthermore, this international investment can distort the housing market. It can create a sense of competition between local buyers and investors, leading to bidding wars and inflated prices. As a result, the average Londoner can easily find themselves priced out of the market.
