EU referendum, brexit and the aftermath

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useless in reply to @yoshy

The RICS sentiment surveys from 2018 seem to agree:

https://www.rics.org/uk/news-insight/research/market-surveys/uk-construction-and-infrastructure-survey/

Obviously nothing's actually happened yet, so all this means is that political uncertainty hasn't yet derailed construction work.

There's also a mention in this press release of "£1 billion in additional HRA borrowing" creating work in public sector housing. No idea where that came from, I don't remember hearing about it.

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andyfallsoff in reply to @useless

Does all of this not look more like a reaction to sdlt changes + general property market than specifically brexit related, tho? Obviously the two aren't entirely unrelated but the direction of the market started before Jun 2016.

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useless in reply to @andyfallsoff

Absolutely - @alialias 's pundit could be correct about the state of hiring, but that doesn't say anything directly about Brexit.
Particularly as Brexit hasn't happened yet, so the only likely effect would be the indirect one through political uncertainty.

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