London's Luxury Market Plummets Amid Mansion Tax Fears

Londons luxury property market faces a significant downturn due to potential mansion tax, with high-end home sales dropping by 65% and overall properties on the market increasing by 15%. Experts attribute this shift to uncertainty over new taxes, causing a widespread freeze in the market.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.