Economy & Banks

Myth 1 - I agree - we need to spread the wealth around the country.

Myth 2 - people priced out of mayfair buy in - say - St John's wood. The people priced out of there buy in Chiswick. The people priced out of there buy in Wandsworth. The people priced out of there buy in streatham. Knock on effect.

Yes, but one Russian buying a million pound penthouse does not create hundreds of students and designer types looking for flats in Shoreditch. You're blaming it all on foreigners when in fact most of the money is from closer to home.