Jakarta & Dubai lead the way as global luxury property prices heat up

On to the really big picture now, and Knight Frank’s Global House Price Index has recorded a 6.6% rise in average prices in the year to March, the highest rate of growth since Q2 2010.

'Certain taxes were more effective than others towards their intended purpose in curbing prices,' says Christies International Real Estate in a survey of global property tax changes last year.

Flexing its global reach to the max, Knight Frank has had a crack at working out which nationality is the world's "leading cross-border buyer of new-build luxury property".