The UK capital is now the 'world's leading wealth destination'

The UK capital is now the 'world's leading wealth destination'

The UK capital is now the 'world's leading wealth destination' after sales of homes worth more than £7.3 million rose 3% last year. In 2020, London outperformed its traditional rivals New York and Hong Kong by having the highest number of super-luxury home purchases of any city in the world.According to Knight Frank, estate agency group, 201 “super-prime” homes worth more than $3.7bn (£2.7bn) were purchased in London last year, easily edging Hong Kong out of second place with 169 sales.Transactions in London increased by 3% in 2020, while they dropped by 27% and 48% in Hong Kong and New York, respectively, enabling the capital to leapfrog both into first place from third last year. Despite travel restrictions and the fact that the UK housing market was essentially shut down between March and May 2020, the number of transactions above $10 million in London in 2019 was up from the previous year, with Russian, French, and Chinese buyers being especially involved.247london-airport-transfers.co.uk#Londonairporttransfers #knightfrank #londonpropertymarket #realestate

http://www.nicovideo.jp/watch/sm38576727