Wednesday, 9 December 2015

London Stock Exchange Seminar on Strong Emerging Economies

Intense dialogue with wide views.  

Key speech by Lord Adebowale (Member of House of Lords) boss of CentrePoint about emerging markets.

Highlights:   

- Starter homes cost in London cost between £300-350,000 therefore not affordable to people with income less than £77,000. 

- Why would a foreigner from the Far East each come to London, buy 27 flats and leave them empty? The system allows it, but it's wrong. Isn't it? 

- What's the role of the Commonwealth club to incentivise investment in emerging markets. 

- What is the role of the diaspora in enhancing the investment in emerging markets. 

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