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United Kingdom Real Estate: Demographics and Statistics - Term Paper Example

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The author states that London has a very important role that it plays in the international trade and the different demographic statistics give the idea of the level of hospitality that is supposed to be accorded to people. As a commanding center, the city demographics are of greater importance. …
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United Kingdom Real Estate: Demographics and Statistics
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Download file to see previous pages In the same setting, the office of National Statistics usually uses this information for its own budgeting. Given that the different categories of people in the town are not there because they are citizens or natives, they have their own reasons for existence ranging from education to asylum seekers and other reasons. It also helps the government to map out their different needs and allocate the required state funds for their existence depending on the different areas they reside.
London has a very important role that it plays in the international trade and the different demographic statistics give the idea of the level of hospitality that is supposed to be accorded to these people. As a commanding center for international trade, the city demographics are of greater importance to the world as they are to the government itself. In the case of London, several demographic bases are presented and these are important in helping define the whole idea of demographics and statistics.
London does not have laws that restrict buying and selling of property in it as a town. What does this mean to people who would wish to take part in activities involving land use in the town? The national bureau of statistics indicated that landowners in London as a city were of the ratio 1:4 in foreigners to locals respectively. When there is little or no rule regarding land, a city is bound to be dominated by foreigners as opposed to the local people. This is a cause for concern because different people come with different cultures and these are bound to affect the general performance of the town in terms of economic ability and viability. One way of regulating the land use by foreigners is by putting up laws that are related to the stamp duty. This makes it hard for private owners to purchase land in the place on demand.   ...Download file to see next pagesRead More
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