Adopt a policy, which delays foreign investors from bulk buying houses in the UK

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Adopt a policy, which delays foreign investors from bulk buying houses in the UK

Petition Details

One of the main reasons for our current housing crisis are empty homes which were bought as investment assets, thus we should adopt a policy which prevents foreign investors and immigrants from buying more than one residential property, unless they have been UK residents for more than 3 years.

Additional Information

“In 2011 there were 1.1 million household spaces unoccupied by usual residents, up from 0.9 million in 2001 (a 21 per cent rise).”

Source: http://www.independent.co.uk/news/uk/politics/more-than-a-million-homes-currently-lie-empty-in-britain-9456263.html

http://www.theguardian.com/uk-news/2015/jan/25/its-like-a-ghost-town-lights-go-out-as-foreign-owners-desert-london-homes

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