How the Iran War is breaking London's luxury property market

London’s luxury rental market was already tight—but a new geopolitical shockwave has just sent it into overdrive. A "short-term refuge" trend is currently pushing prime London rents to breaking point. The driver is the ongoing conflict between Iran and Israel. Since the outbreak of war, we’ve seen a massive influx of expats fleeing the Middle East. The scale is significant. Official data shows that one in eight Brits living in the UAE have left since the conflict began. City AM's Felix Armstrong has the whole story... Get more of City AM 👇 🌐 http://www.cityam.com X(formerly Twitter): http://twitter.com/CityAM Facebook: http://www.facebook.com/cityam Instagram: http://www.instagram.com/city_am LinkedIn: http://www.linkedin.com/company/cityam #news #dubai #iran #politics #finance