Squats and squatting / London housing

I came to post that too

Increasing numbers of luxury London flats are now proving hard to sell. All 10 of the £30m-£50m apartments towards the top of the Shard have been empty since the tower was completed six years ago after its owners, led by the Qatari royal family, failed to achieve high enough offers.

More than half of the 1,900 ultra-luxury apartments built in London last year failed to sell, adding to fears that the capital would be left with dozens of “posh ghost towers”. The swanky £1m-plus flats, complete with private gyms, swimming pools and cinema rooms, are lying empty as hundreds of thousands of would-be first-time buyers struggle to find an affordable home.