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@deleted
Re: Brexit.
This is based on a huge number of assumptions and opinions of people much more involved in the property game than I am/ want to be.
-Scenario A:
London:
Price drops in high end >> Price Drops in Mid-range >>>> Price drops in Low-end.
-Investors lose confidence in London as "safe"- high end floods.
-Low-range- similar market conditions as now.
Land:
-Big, wide ranging price drops. Farms aggregate- and become less family owned.
Cities out of London:
-Similar pattern to London
-Scenario B:
Government initiates 'economy- stabilising' measures by either increasing openness to international or local investors- stabilising the market in London, in an entirely London-centric effect.
Relatively small price drops in London, again more likely to hit at higher priced properties, significant price drops in other cities +land
Given current government- I suspect B is quite likely.