The insanely-hot London housing market has become the subject of
global fascination.  But who's buying it all?  Deutsche Bank is
out with a new report on the London housing market, and it
includes this fascinating chart, which breaks down origin of
purchaser by price range.  As you can see, at the low end, the
dominant share of buyers is domestic UK buyers.  But at the high
end, UK-based purchasers make up a tiny slice of the pie. A
massive swath of the buyers is Eastern European or Russian.
Chinese and Middle Eastern buyers are also quite significant.
Chinese buyers actually make up a bigger purchase of the
slightly cheaper ranges.  So basically, tons of Chinese buyers
at the expensive levels, and then at the ultra-rich level it's a
lot of Russian and Eastern European money.  london home
buyersDeutsche Bank, Knight Frank  And as for why they're buying
so much.  Lots for investments, and some are buying for their
children.  Screen Shot 2013 10 28 at 6.00.52 AMDeutsche Bank