I think you're grossly over-simplifying and generalising relatively small correlating influences and equating these with causation.
There is a (small) influence of well-to-dos from crisis hit EU countries buying properties in London and it probably has a small effect on property prices, it certainly is not the overriding cause of house price hikes in ED.
London the safe haven
in The Lounge
Posted
@ dulwichgirl2
I think you're grossly over-simplifying and generalising relatively small correlating influences and equating these with causation.
There is a (small) influence of well-to-dos from crisis hit EU countries buying properties in London and it probably has a small effect on property prices, it certainly is not the overriding cause of house price hikes in ED.
It's a little more complex than that.....