Many property brokers are hailing a property boom within the wake of the decisive Tory election victory. However market analysts don’t agree.
The so-called “Boris bounce” will possible enhance sentiment short-term, says Simon Rubinsohn, chief economist for the Royal Institute of Chartered Surveyors (RICS). “However I do not suppose it would quantity to an incredible deal.”
So what is going to occur to accommodate costs and the property market in 2020? Will or not it’s extra of the same sluggishness as in 2019, or will there be a lift in exercise?
Problems with affordability, coupled with the approaching turbulence of the next round of Brexit negotiations “means the chance of a cloth pick-up in exercise throughout 2020 appears unlikely,” in accordance…