Given the unprecedented turn of events around the UK general election result, there will “undoubtedly be an impact” on the UK and London housing market, London Central Portfolio Limited (LCP), a real-estate advisory firm that has built up around $1 billion of assets under management since 1990, has contended. It might be premature to jump to predictions but the UK is in somewhat uncharted territory until the dust settles. But just think for a moment: how else might the UK ever get a second referendum on Brexit? And, another UK election could be around the corner. But whatever the outcome of this election had been it would not by itself save the property market.

Source: Forbes June 11, 2017 13:01 UTC