Developers have 420 towers in pipeline despite up to 15000 tall-conclude flats still on the marketMore than half of the 1900 ultra-luxury apartments built in London last year failed to sell,raising fears that the capital will be left with dozens of “posh ghost towers”. The swanky flats, complete with private gyms, and swimming pools and cinema rooms,are lying empty as hundreds of thousands of would-be first-time buyers struggle to find an affordable domestic. Continue reading...
Source: guardian.co.uk