In 2016 a young captivating girl bought a ground-floor flat not so spacious in the borough of Kensington for $5.5 million. This is not a story to be seen in the first paper of news outlets. But when we heard that she didn’t have a job but paid in cash everything changed. Also, it was not the first acquisition of that magnitude in the famous city of London. After the collapse of the USSR and the apparition of oligarchs in Russia, the UK capital city was a safe place to invest and enjoy the sudden luxurious lifestyle for the newborn business people. Anyone who could invest at least $1.3 million later increased to $2.6 million could get a residence and a passport. A green card to the European clubs and business markets. But what does this has to do with our story and why the London property market will fall?
