London mansion owners turn to Airbnb as buyers snub

British Union flag, commonly known as a Union Jack, hangs near to residential apartment block under construction in the Stratford district of London, U.K., on Wednesday, July 6, 2016. Bloomberg

“The central London housing sales and rental markets have been weak in recent years and this has put pressure on developer and investor returns,” Hudson said in an email. “With a large number of new homes expected to complete this year, prices in both sales and rental markets could come under further downward pressure due to increases in supply.” - Bloomberg