Why oh why do the media in the UK always focus on the doomsday scenarios for Brexit? Yes, property prices may go down by 35% over the next three years but (plucking a figure out of the air) they may go by 20%? If you check back, Mark Carney’s record on forecasting economic performance with regards to Brexit is not impressive by any means!
There is an argument that the comments by Mark Carney have been misrepresented by the press but the problem is if you put out a 35% doomsday scenario fall this is what people are going to pick up on. Whether he likes it or not, he is having an impact on investor sentiment with these comments.