The Media 'Manufactured' Millionaire Exodus from UK, Campaigners Tell IPSO

But, again, the reality is that many of the former super prime buyers were either non-dom (ie. not tax resident) or were buying through offshore trusts or other tax-avoidance mechanisms. They've tended to be replaced by a younger set of "lifestyle-led" buyers who are more interested in London as a (relatively!) stable, secure global base rather than just as a convenient set of tax loopholes.

So we're replacing tax dodgers with tax payers, and British society as a whole is probably better off as a result - even if the individuals themselves do have lower total net worth than their predecessors.