It was more in response to his comment above that: "Sorry, no...

It was more in response to his comment above that: "Sorry, no property collapse in NYC, Mumbai, Singapore, London, Shanghai (including Syd & Melb)". While not a property collapse, prices are falling, after almost 3 years of stagnation after the Brexit vote. By the time the UK actually leaves the EU it will have been 5 years of no price gain, which is a terrible investment.

The UK is in serious trouble without evening realizing, manufacturing has been killed off (sound familiar?) and all major investment and financial companies are shifting operations out of the City to the EU mainland, which was keeping the country afloat. At least Australia is blessed with natural resources.