Owning your own home

Source?

Also beware... dependent on the context the statement "£83bn of foriegn money invested in UK property last year" could mean -

"£83bn of foreign money invested in UK residential property last year"
or
"£83bn of foreign money invested in UK commercial property last year"
or
"£83bn of foreign money invested in UK commercial and residential property last year"

You're right, that figure's out of whack:

http://uk.finance.yahoo.com/news/no-stairs-and-square-rooms-only--the-madness-of-the-foreign-buyers-spending-billions-on-london-homes-165014502.html

More than half of London’s £1 million property is now being bought by foreign buyers. In fact, overseas money now gobbles up nearly two-fifths of resales and almost three-quarters of new-build property on the market in prime locations.

This astonishing appetite for London addresses has seen a staggering £37 billion injected into London’s prime housing market in just seven years, figures from upmarket estate agency Savills show.

Still enough to distort the market, I imagine. Hong Kong and Singapore have raised property taxes, as Mayor Bloomberg in his $20m London gaff pays £2100 tax a year- not much more than an east London 2 bed house.