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@ExTra
It looks like my buying dream might be moving slightly further away post Brexit... Housing prices might rise... was reading an article from the guardian and have been closely following other bits and bobs from oversea media (I am originally from HK, so still in touch in some ways). Pounds have dropped through the roof as we all know, and now oversea investors see houses in London being a fucking bargain... like their toys are on a mega sale!!!
The guardian says for a 1 milliion house, one could save around 100k... haven't done the maths and don't want to but it makes sense...
End of 2014 - GBP£1 to around HKD$12
Pre Brexit - GBP£1 to around HKD$11.5
Now - GBP£1 to around HKD$10.3, it dropped below HKD$10 for a short time yesterday, and it was HKD$10.18 this morning.
Mates who work in banks in HK would used to text me when pounds drop to around GBP£1 - HKD$11, don't know why? Not that I have any HKD to exchange? Now that they won't even bet any eyelid for anything above the HKD$10.5 mark...
I am getting quite depressed now...