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International Business Times UK
International Business Times UK
National
Rohit David

Britain's Property Powerhouse Falters As Young Buyers Bolt North

London’s housing market is crumbling as young buyers head north and wealthy elites dodge Britain’s taxes. Is the capital’s property boom over for good? (Credit: Lina Kivaka : Pexels)

London's once-thriving property market, long a magnet for wealth and ambition, is facing a stark reality reversal.

Owning a home in the capital, previously a near-guaranteed path to riches, has become a financial burden for many, with young buyers heading north and wealthy elites shunning Britain's high taxes.

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