Property News · March 17, 2017

Downplaying Brexit to overseas investors won't help UK housing crisis | Dawn Foster


At luxury property jaunt Mipim, Brits are desperate to keep money flowing into UK housing. But Brexit will still see an exodus of construction workersIt’s that time again: La Croisette in Cannes is thronged with yachts and men in suits barking into their phones on the beach. Mipim, the world’s luxury property conference, has descended on the south of France boasting that the delegates pack away more champagne than the film festival. Last year, as I traipsed from yacht to yacht battling seasickness and constantly being mistaken for a waitress, the atmosphere was bullish. Then, the prospect of leaving the European Union wasn’t remotely on the cards, and people remained convinced that London’s luxury property boom would last forever. This year, mercifully, I’m in England not France, but those on the ground say they’re battling to make the case for the UK, with cities, local authorities and housing associations trying to convince people to invest in post-Brexit Britain. Continue reading…

Source : theguardian.com
Read more…Downplaying Brexit to overseas investors won’t help UK housing crisis | Dawn Foster

You may also like...