The president from across the pond has once again shocked the world this week, this time with tariff turmoil that led to a stock market meltdown.
But just how much will they impact the London and wider UK property market? Black Brick Managing Partner and renowned buying agent, Camilla Dell shared her thoughts on the news in a new piece for The Times.
Having founded Black Brick Buying Agents in 2007, just before the financial crisis, Camilla commented that London’s luxury property market was already a buyer’s market well before Trump came along. The tariff news is just the latest in a series of that has led to the market slowdown, rather than the main reason. “The result of stamp duty increases and non-dom tax changes have caused prices in London to decrease to levels not seen since the financial crisis,” Camilla was quoted.
Read the piece written by Hugh Graham, David Byers and Carol Lewis here.