28 Jun '16, 2pm

How Will Brexit Impact the EU's Green Agenda?

Upon the United Kingdom's withdrawal from the European Union, Richard Waite and Will Hurst of The Architects' Journal examine the potential ramifications of Brexit on housing, as well as energy savings guidelines currently under EU regulation. Waite and Hurst make 10 predictions about the fallout of Brexit, four of which examine the impact of the UK's departure on future housing and construction. The value of homes will fall in conjuction with market confidence (as is customary during times of political uncertainty), but this might be an opportunity for millennials who would like to enter the market to get a great discount. According to The AJ's interview with property consultant Knight Frank, the drop in equity "could be ‘relatively swift’, however the long-term picture is less clear. As prices plunge, this ‘massive discount’ could mean an increase in purchases by foreign...

Full article: http://www.ecobuildingpulse.com/newsletter/how-will-brexi...

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