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U.S. buyers are taking advantage of the falling prices for high-end homes in the U.K. capital.
Meanwhile, luxury London rents were up 3.3% from last May, and are up 32.9% from before the pandemic, while the number of properties that were rented last month dropped 21.7% annually.
While some are moving on to other parts of the world, others — such as the wealthy in the Gulf region — are moving in.
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