Jeremy Wrote: ------------------------------------------------------- > rahrahrah Wrote: > -------------------------------------------------- > ----- > > The new flats are likely to be more commercial > > (i.e empty investment vehicles) than truly > > residential. > > While it's common knowledge that some investors > leave their investment properties empty > (particularly Chinese who don't want their > property to become "second hand"), I don't think > this is the norm. That is true, but there is occupied and occupied. I would bet that the type of 'luxury' 1 and 2 bed flats which will no doubt go up will be either someone's pied-?-terre (so empty at weekends), or else buy to let investments offering the usual insecure, overpriced and unequal tenant/landlord relationships. It's not what Londoners need imo. But it is what speculators and developers want, so lot's of Londoner's money will be poured into it regardless.