Lights Out London: Luxury Homes Empty as Wealth Flees

Is London losing its luster? Labour's crackdown on the wealthy is sending shockwaves through the luxury property market, leaving mansions unsold, owners fleeing, and a lights-out London effect taking hold. Are new tax policies backfiring, driving away investment and creating rows of empty homes? Find out how the ultra-rich are reacting and whether a new wave of American buyers can save the day.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.