PARIS HILTON is helping the slumped economy by sinking £2M into the London property market.


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The socialite has snapped up a six-bedroomed place in Camden and plans to turn it into a local version of her LA girlie pad.

“She wanted lots of room for her friends from LA to sleep over,” a friend told The Mirror.

“She will be spending a lot of the time in the UK, so she wants somewhere comfortable and quite similar to her girl palace in LA.”

Hilton is said to have put aside £250,000 for doing up her new acquisition.

The 27-year-old revealed she wanted to settle down in London a while ago. Now her role in ITV2’s Paris Hilton’s British Best Friend seems to have given her the push to make good on that promise.

Hilton’s love affair with the capital runs deep – last month she said she would call her first-born daughter London.