“Brexit” and Real Estate

A month ago we looked how Britain’s decision to exit the European Union might influence U.S. interest rates. Now many analysts believe that the US real estate market could see a short-term influx of investors was a safe haven, further pushing up the dollar and lowering interest rates.

Commercial real estate could also see a boost as global corporations remain uncertain as to the current viability of the U.K. as a place to locate their businesses.

Long-term, however, most experts see the continuing uncertainty of the British situation as weekending the global economy which could have a negative effect on U.S. jobs, income, and consumer confidence.

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