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I’m going to say not quite to a huge property crash. When the pound gets to a dollar it will trigger a huge inflow of money buying property. Especially in London. (Because it did in the mid eighties). So in sterling terms the prices will only fall a bit but could be at 10/20 year lows if you convert them to pre/post crash dollar values.
Ramsaye
aggi
Month 12 - Property prices hit 10 year lows nationwide. 20 year lows in London. Middle classes become feral, with roaming packs of blazered children scavenging the local tips for hummus and discarded Play store gift cards.