"Earlier today, the London Assembly passed a motion welcoming a possible move by the government to bring in capital-gains tax on foreign investors selling a home in the city. The motion was passed today with 13 votes in favor and 6 against, according to an e-mailed statement by the 25-member assembly, whose main function is to hold the capital’s mayor to account."
It starts from UK, soon enough will start in US. And serious tax hike will follow for foreigners once Russia and Chinese money laundary themes are at full play in UK and US.
Easy money to be made in US? I think some lessons will be learned again but this time is for Chinese not Japanese.