Brexit may boost Australian property prices, says Macquarie

  • The United Kingdom’s vote for Brexit may boost demand for Australian houses by prompting more expatriates to return home and deterring locals from heading abroad, according to new analysis.

While most of the potential consequences of Brexit being discussed are negative, research from Macquarie economic analyst James McIntyre explores one potential benefit for economic activity: faster population growth.

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Higher net migration caused by Brexit could lift demand for housing. Photograph by Arsineh Houspian.

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