Interesting views in article from Today's DAWN newspaper. Wanted to share as it gives some idea that how international investors think.
With property
prices in Britain predicted to plummet post Brexit, foreign investors, especially in Asia, are already poised for a buying spree.
It is an ironic twist to the shock referendum result ─ many who opted to leave the European Union saw their vote as a deterrent to outsiders looking to take advantage of economic opportunities in Britain.
Property prices are expected to take a hit, with reports of buyers pulling out of transactions due to market uncertainty.
But while there may be a "wait and see" approach for some, ambitious foreign investors are on the hunt for bargains while the exchange rate is so low.
"Several of my opportunistic investors have said we really ought to think about this seriously, and to think whether we should take advantage of this new window in the market," said Nicholas Brooke, chairman of professional property services for the Royal Institution of Chartered Surveyors.