Reported 8 months ago
The UK government announced investing over £100 million to establish nine new artificial intelligence (AI) research centers and provide training on relevant technology to regulators. This move, supported by international economists, is expected to boost the UK's AI and technology industries, impacting the overall development of the UK real estate market. Notable figures like Huang Renxun, with a net worth of $119 billion, also show interest in the UK's AI technology and industry. Recent surveys by the BBC based on big data reveal a significant rise in housing prices since the 2008 financial crisis, primarily in London and the eastern and southern regions of England, particularly in comparison to China's rapidly appreciating real estate market, with London experiencing the highest percentage increase. Experts in international economics are optimistic about the future trends in the UK real estate market which are expected to soar due to the country's advancements in AI technology. Caleb Tsang, co-founder of Zupreme Overseas Real Estate Strategy, expressed confidence in the UK real estate market and is organizing a property investment briefing on June 29-30 at the W Hotel 9th-floor conference room 1, featuring the London Square Croydon project in the southern part of London's Croydon area, offering 108 private units near West Croydon station, with various transportation options available. The event aims to attract early investors looking to capitalize on the growing demand for property in the UK, especially as the country becomes a hub for tech talent with increased international education opportunities.
Source: YAHOO