You are reading a single comment by @aggi and its replies.
Click here to read the full conversation.
London Fixed Gear and Single-Speed is a community of predominantly fixed gear and single-speed cyclists in and around London, UK.
This site is supported almost exclusively by donations. Please consider donating a small amount regularly.
@aggi
I'd say a bad brexit is likely to devalue high value properties but I'm not sure how much impact it will have outside of London and a few other places.
A lot of places haven't had the price rises that London has had so a 50% drop in London (although I don't think it will be anywhere near that severe) will probably be matched by 5% in other places.
However, regardless of the brexit impact, the high demand areas still won't have enough properties so I think that will mitigate any hefty price decrease.
Ultimately, if you're willing to live in a place for 5 years plus I wouldn't be worried about buying as you'll probably be able to ride out any disruption. If you're thinking it's only going to be short term then it could be an issue.