In our view, 2017 will prove to be a better year for property than the consensus assumes. But there is little room for complacency. A domestic-led inflationary shock, well beyond what central banks currently expect, accompanied by a strong monetary policy reaction in the UK or US could derail our
forecasts. Meanwhile, increased uncertainty around the outcome of the Brexit negotiations could negatively impact occupancy rates, particularly in London.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services