VIP Class Notes (Jesse) [W]

high end – high level

cover up – to hide sth / secret

they have covered the expenses = taken care of

visit – noun / verb
eg. I will visit Aus next week, I hope I have a good visit

noun – how many? which one?
verb – what time?

one of my friends / reply to 

apply to / for a university in London

one of my english friends

replying to emails

until today i hadn’t figured out (but now I have)

sign off on the invoice

Writing exercise

Why invest in London?

London is one of the most popular investment destination for Chinese investors. With president Xi’s visited back in 2015 and the launched of the direct train from Yiwu, China to London in 2017, the relationship between China and UK are closer than before. More Chinese people are looking for the business opportunity in the UK. London, as the capital of the UK, undoubtedly has the most popular investment destination from China since then.

Before we talk about the opportunity in London, let’s look at Shanghai and London in numbers. The size of London is only a quarter of Shanghai. London’s population is about 8.8 million, which is three times less than Shanghai. London is a lot smaller than shanghai, however it obtains 20% of the country GDP. London population is still growing and will increase to 10 million in 2025. However the local housing supply is not enough for the fast growing immigrations. Local council need to build at least 40 thousand houses each year in order to cover up the housing demand, however government only approved 22 thousands planning permission each year, and only 18 thousands houses are under construction. There are big gap between the housing demand and supply, which give international investors a great opportunity to invest.

London attracts more than 100 countries citizens lived here, and also more than 100 thousands of international students studied in London each year. Due to the fact that London is a truly international city and open market, it creates a unique investment opportunity, in which many of their family decide to buy a property as a second home or investment. There are roughly 62 percent of the London properties owned by none-UK buyers in London. Unlike Australia or Canada market, there is no cost difference between Chinese investors or local buyers. Also, the maintenance cost is one of the lowest among west countries. The current policies and currencies also favor investor. With the drop of pounds after Brexit vote, Pound becoming cheaper than before. The interest rate still remain low, which is easy for foreigner to get the mortgage.

Why invest in London?

London is one of the most popular investment destinations for Chinese investors. With president Xi’s visit back in 2015 and the launch of the direct train from Yiwu, China to London in 2017, the relationship between China and UK is closer than before. More Chinese people are looking for the business opportunity in the UK. London, as the capital of the UK, undoubtedly has been the home of the most popular investment destinations for Chinese investors since then. / has been becoming increasingly popular for Chinese investors since then. 

Before we talk about the opportunities in London, let’s compare Shanghai and London in numbers. The size of London is only a quarter of Shanghai with the population being / with a population of about 8.8 million, which is three times less than Shanghai. London is a lot smaller than shanghai, however it contributes / makes up 20% of the country GDP. London‘s population is still growing and will increase to 10 million in 2025. However, the local housing supply is not enough for the fast growing immigrant population. The local council needs to build at least 40 thousand houses each year in order to cover the housing demand, however the government only approved 22 thousand planning permissions each year, and only 18 thousand houses are under construction. There is a big gap between the housing supply and demand, which gives international investors a great opportunity to invest in.

London attracts the citizens of more than 100 countries to live there, and also more than 100 thousand international students studying in London each year. Due to the fact that London is a truly international city and open market, it creates a unique investment opportunity, in which many of their family decide to buy a property as a second home or investment. Roughly 62 percent of London properties are owned by none-UK buyers in London. Unlike the Australian or Canadian markets, there is no cost difference / difference in cost between Chinese investors or local buyers. Also, the maintenance cost is one of the lowest among western countries. The current policies and currencies also favor investors. With the drop of the pound after the Brexit vote, the pound has become cheaper than before. The interest rate still remains relatively low, and it continues to be easy for foreigners to get a mortgage.