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Tuesday 22 July 2014

WEALTHY FOREIGN STUDENTS IN LONDON NOW OUTBID WEALTHY BANKERS FOR APARTMENT

  Wonders will never cease. Reports just reaching us say that  luxury and swanky apartments in choice areas  of London are now being snapped up by wealthy overseas students before the city's bankers and other middle-class, working class people. According to research by the London Central Portfolio, undergraduates now prefer flats in some of central London's most exclusive addresses to cramped halls of residence. International students now make up 41 percent of tenancies taken up in prime ares of the capital, including Mayfair, Chelsea and Kensington, where rents cost 1000 pound sterling per week.
  The influx of foreign students from wealthy background into the United Kingdom is not helping matters for the bankers who are still dazed over this new development.

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