However, Dr Sa acknowledges that the demand for more housing is trumping our current supply and this is also causing the continuous boom of house prices.
These findings have already proved useful in informing the policy debate on the impact of foreign investment on the housing market. Using the research as evidence, the UK government has recently announced a new tax on foreign home buyers, with the money raised being used to tackle rough sleeping.
The issue has also caught the attention of the Mayor of London, Sadiq Kahn, who has recently launched an inquiry into the consequences of foreign property ownership in the capital.
Dr Sa said, "This problem isn’t unique to the UK – other countries, such as Australia, Switzerland and Canada have also been debating this issue and have introduced policies to control foreign investment in the housing market.
"This is certainly an issue that we need to continue focussing on so that current and future generations can afford to create their own homes across the UK."