collapse prices of houses in london , but the english buy properties luxury in italy

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As expected, the output of the United Kingdom the European Union has upset the markets, causing a decline in the value of British luxury properties not seen since 2009. In July 2016 - we read in the Daily Mail - the index of the real estate agency Knight Frank, which deals only with luxury and ultra-luxury homes, fell by 1.5% compared to July 2015. The survey is intended primarily to central London and areas of Westminster, Knightsbridge, Kensington, Notting Hill, Chelsea and Islington. The uncertainties raised by Brexit intimidate foreign investors, waiting to see if these early signs will be followed, and if prices will drop again. Meanwhile, the London property company Capital & Counties (Capco), a solid, publicly traded, cut the value of real estate growth Earls Court by 14% if the London district only a few months ago was worth 1.4 billion euro ( December 2015), now worth 1.2, or some 200 billion less. Covent Garden also suffered the same fate. British experts seem convinced that the referendum of 23 June has triggered a trend of declines that could not stop any time soon as hoped. According to The Royal Institution of Chartered Surveyors, Property prices could get to even drop by 26% by September. Britain, meanwhile, is likely to enter a recession within the next 18 months is what emerges from a study published by the National Institute of Economic and Social Research, a British organization which also feared rising inflation up to 3%, which by British standards it is given a particularly high. While Italians investors look with great interest to the situation of the British luxury real estate market, is also considered the other side of the coin: the last year, the demand for luxury homes in Italy by the British buyers increased of about 15%, with a budget of between 2-3 million Euros for a villa in the Chianti to figures between 5 and 10 million euro for the resorts of the most famous sea as Capri and Portofino. Increasing the odds of Milan, also because of the international Expo showcase.

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