Fenby: London Real Estate Not Cheap, but Attractive

The video discusses the impact of Brexit on the London property market, highlighting concerns about uncertainty and the potential for falling prices. It examines the role of Asian investors, particularly Chinese, in the real estate market. The video also explores demographic trends affecting housing demand, noting a mismatch between supply and demand. Finally, it addresses the implications of Brexit for London's financial sector, including potential bank relocations and EU negotiations.

What is one reason why London property might still be attractive to investors despite the falling sterling?

• The British middle class is investing heavily.

• The Brexit story has no impact on the market.

• The air quality in London is poor.

• The property prices are lower than in central Shanghai.

What is a significant issue in the London housing market according to the transcript?

• The British middle class has excess funds for investment.

• There is an oversupply of houses.

• There is a mismatch between housing demand and supply.

• The demand from overseas buyers is decreasing.

What demographic concern is mentioned in relation to family formation?

• Families are moving to rural areas.

• There might be a drop in family formation similar to post-financial crisis.

• Young people are buying more properties.

• The birth rate is increasing rapidly.

What precautionary plans might banks make due to Brexit?

• Expand their workforce in London.

• Stop all operations in the UK.

• Move personnel to cities like Frankfurt or Paris.

• Increase investments in London properties.

Why is the financial center of London pivotal in Brexit negotiations?

• It is the only city with a financial center.

• It has the highest property prices.

• Financial services are crucial to the UK economy.

• It is the largest city in the UK.