Property News · August 13, 2019

Birmingham’s rising potential finds favour among foreign property investors who find London overpriced


Birmingham, the second-largest city in England, is increasingly attracting overseas property investors, as they find London overpriced. Among them is Hongkonger Jabbie Yip, who bought three homes in Birmingham, about 162km northwest of the British capital. “These are long-term investments,” said Yip, 45, who also owns two flats in Hong Kong. “London, even if prices have declined by 10 per cent since Brexit, is still two and a half times more expensive than Birmingham.” The businessman bought…

Source : South China Morning Post
Read more…Birmingham’s rising potential finds favour among foreign property investors who find London overpriced

You may also like...