Posted Mar 30, 2012, 11:29 AM
|
Registered User
|
|
Join Date: Mar 2004
Posts: 2,851
|
|
Not particularly surprising considering London is probably the only city (with the exception of perhaps Monaco) where the domestic super-rich have been displaced by the global elite.
One key attraction is that the city is very open; the ownership of sports teams in London, whether they be Egyptian, American, Russian or Indian is a good indicator of this, while prime property purchases have been driven by Russians, Chinese and Indians. Another indicator is that London has been an established safe haven which can accommodate their extravagant living standards for some time.
|