Anti-Corruption Rule Could Break London's Property Market ... or Not

Without a lot of fanfare, the U.K. government opened consultations on a crucial piece of legislation that, if passed, could alter the fabric of the entire economy and cool down the red-hot London property market. However, if you're rooting for lower housing prices, don't get your hopes up -- Brexit may mean the measure is never enacted.

As part of fresh anti-corruption and anti-money laundering operations, the government wants to introduce a public register showing the beneficial owners of property controlled by overseas companies. It fired the starting gun in the bill's race toward implementation by launching a public consultation on Wednesday....764 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

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