London Luxury Homes Seen Losing Luster : News Photo

London Luxury Homes Seen Losing Luster

Pedestrians walk past residential property on Grosvenor Crescent in the London area of Belgravia, in London, U.K., on Thursday, Nov. 15, 2012. London luxury homes won't rise in value next year for the first time since 2008 as proposals to extend property transaction taxes deter buyers, Jones Lang LaSalle Inc. said. Photographer: Chris Ratcliffe/Bloomberg via Getty Images
Caption:
Pedestrians walk past residential property on Grosvenor Crescent in the London area of Belgravia, in London, U.K., on Thursday, Nov. 15, 2012. London luxury homes won't rise in value next year for the first time since 2008 as proposals to extend property transaction taxes deter buyers, Jones Lang LaSalle Inc. said. Photographer: Chris Ratcliffe/Bloomberg via Getty Images
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Date created:
November 15, 2012
Editorial #:
156442442
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Photographer:
Bloomberg / Contributor
Collection:
Bloomberg
Credit:
Bloomberg via Getty Images
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2,482 x 4,000 px (34.47 x 55.56 in) - 72 dpi - 1.87 MB
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Source:
Bloomberg
Object name:
UK LUXURY HOMES

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Pedestrians walk past residential property on Grosvenor Crescent in... News Photo 156442442Civilian,England,Europe,Expense,Finance,Geographical Locations,Home,House,Labor,Laborer,London - England,Luxury,Occupation,Pedestrian,Resident,Residential Structure,UK,Vertical,Walking,WealthPhotographer Collection: Bloomberg 2012 BloombergPedestrians walk past residential property on Grosvenor Crescent in the London area of Belgravia, in London, U.K., on Thursday, Nov. 15, 2012. London luxury homes won't rise in value next year for the first time since 2008 as proposals to extend property transaction taxes deter buyers, Jones Lang LaSalle Inc. said. Photographer: Chris Ratcliffe/Bloomberg via Getty Images