I found in the newspapers that accumulated during my month at festival the comment that UK prices on "luxury housing" have soared. There was no comment about general housing prices; but the blame was placed on "rich foreign" buyers who have driven the high end prices to spectacular levels. Immigration of a majority of buyers in this class was implied, but not actually stated.

I would suspect that an unusually large influx of new persons would affect the high and low ends of the housing market somewhat similarly, perhaps resulting in increased competition for housing at either end of the "moderately priced" range(s), but I don't have any real data to support that.

FWIW.

John