Adopt a policy, which delays foreign investors from bulk buying houses in the UK

Closed 95 signatures

What the petition asks

One of the main reasons for our current housing crisis are empty homes which were bought as investment assets, thus we should adopt a policy which prevents foreign investors and immigrants from buying more than one residential property, unless they have been UK residents for more than 3 years.

“In 2011 there were 1.1 million household spaces unoccupied by usual residents, up from 0.9 million in 2001 (a 21 per cent rise).”

Source: http://www.independent.co.uk/news/uk/politics/more-than-a-million-homes-currently-lie-empty-in-britain-9456263.html

http://www.theguardian.com/uk-news/2015/jan/25/its-like-a-ghost-town-lights-go-out-as-foreign-owners-desert-london-homes

Timeline

9 Dec 2015	Petition opened for signatures
9 Jun 2016	Closed to new signatures

Key facts

Signatures 95

Status Closed

Opened 9 Dec 2015

Closed 9 Jun 2016

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