282 flat building has 2 local leaseholders – the rest are overseas investment companies

“A housing development of 282 flats in central Manchester has only two British families living there because foreign nationals have bought the apartments as investments.

Overseas investors in Number One Cambridge Street hail from 18 nations including Azerbaijan, China and Zimbabwe.

Many of the properties are empty as the investors simply hold them until the price goes up and they sell them.”

http://www.dailymail.co.uk/news/article-4389608/Only-two-flats-occupied-Brits-massive-development.html

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