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More than 5,000 readers have already pitched in to keep free access to The Journal.
For the price of one cup of coffee each week you can help keep paywalls away.
LONDON IS EXTREMELY short of housing, but if you’re uber-wealthy then you’ll have no problem finding an amazing place to rent out.
While we’ve obsessed with how oligarchs and sheiks are snapping up some of the most pricey properties in Britain’s capital, new data from estate agents EJ Harris show that super-rich students are hoovering up luxury rental property across London every year.
According to the group, over 107,000 international students studying in London contribute £600 million ($924 million) in rental income to the capital’s rental market every year with the wealthiest Chinese, Russian and Malaysian students spending around £72,000 ($110,850) per annum on properties in the most sought after addresses in London.
That’s nearly triple the average British wage of £26,500 ($40,823) per year.
So what makes these properties so expensive to rent? Check out some of the flats below:
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