Sunday, 15 January 2012

Russian oligarchs snapping up properties in Oxford (From Oxford Mail)

Russian oligarchs snapping up properties in Oxford (From Oxford Mail)

GROWING numbers of foreigners are buying up some of Oxford’s hottest property, with wealthy Russians increasingly choosing the city.

Many of the houses are being bought as second homes or as investment properties, and are not being lived in for much of the year.

Estate agents told the Oxford Mail that 40 per cent of the city’s top properties ........

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