The real estate market in Britain is expected to hit a low because prices are too high in comparison to the average income of workers. Many investors are unsure of what to do at this time, but it is recommended that people stay away from real estate unless they are going to use government money to help them survive. Granted, the funds could dry up at any point and making sure prospective buyers are able to get loans may not stay at the top of the priority list for long.
Key Takeaways:
- Market leaders are concerned with the housing sales in the UK. It is possible that prices will crash in the coming months.
- That may affect the prices of certain UK stocks too. One insider is offering advice about stocks to watch in the UK.
- The Brexit news could influence stocks in the UK. Many observers think that the Brexit could drop housing prices.
“Investors definitely should keep an eye on homebuilders, but bear in mind that shorting them would be a dangerous business”
Read more: http://realmoney.thestreet.com/articles/07/26/2017/stocks-watch-if-u.k.-house-prices-do-crash