London Luxury Homes Seen Losing Luster

A pedestrian walks past residential property in Eaton Place in the London area of Belgravia, in London, U.K., on Thursday, Nov. 15, 2012. London luxury homes won't rise in value next year for the first time since 2008 as proposals to extend property transaction taxes deter buyers, Jones Lang LaSalle Inc. said. Photographer: Chris Ratcliffe/Bloomberg via Getty Images
A pedestrian walks past residential property in Eaton Place in the London area of Belgravia, in London, U.K., on Thursday, Nov. 15, 2012. London luxury homes won't rise in value next year for the first time since 2008 as proposals to extend property transaction taxes deter buyers, Jones Lang LaSalle Inc. said. Photographer: Chris Ratcliffe/Bloomberg via Getty Images
London Luxury Homes Seen Losing Luster
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Credit:
Bloomberg / Contributor
Editorial #:
156442435
Collection:
Bloomberg
Date created:
November 15, 2012
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Rights-managed
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Source:
Bloomberg
Object name:
UK LUXURY HOMES