Does immigration really impact property markets?

[Nicholas Wallwork]

As we approach D-Day for the UK referendum on continued membership of the European Union many are starting to ask whether immigration really has any impact upon property markets. Depending upon which side you listen to, immigration is seen as extremely positive or extremely negative with very few comments in between. However, for those looking

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[lookinginvest]

This is not rocket science, the more people in a country the greater the requirement for housing whether this is the purchase market, private rent, council housing or housing associations. Therefore the greater the population the more demand for housing and if this demand is not met by new build numbers then existing asset prices will be pushed higher.

 

[nmb]

It is literally a no-brainer because more demand for property will obviously push prices higher. Perhaps the question on many people's lips is whether demand for property through immigration will place greater pressure on the UK welfare system and public services?

 

[Longterminvestor]

Of course immigration has an impact upon property markets as demand rises. Whether this demand is accommodated by the private sector or the public sector, houses will need to be built and accommodation will need to be found for those moving to the UK. The trick is finding areas which will benefit most in the future.

 

[nmb]

Early indications suggest that the Remain campaign has won the UK EU referendum. This would appear to limit any control the UK government has over immigration from within the European Union. As a consequence, surely this must be a positive in the longer term for UK property prices?

 

[lookinginvest]

Well well, what a turnaround in the UK EU referendum. What next for the UK and what next the UK property market?