Japanese buyers are scouring Kensington and prime areas in London to snap up bargain priced properties taking advantage of the strong Yen and the weakness of the pound.
Japanese buyers are benefitting from a 40% drop in prices given the currency drops and it is expected "Yen buyers" will be flocking to London to snap up prime real estate.
Central London property prices were immune to projected national high price drops of 6%, according to research by Savills that stated:
"The return of bank bonuses and a smaller reliance on mortgage finance among the wealthy would ensure prime property did not fall as far, central London markets is a "safe bet".
Cape Town's 'Ghetto Ballerina' gets liftA South African ballet dancer from a poor township outside Cape Town has been given the chance to train in the United States -- all because of a documentary film, and an email from a caring viewer.
