Assest value down by 25%
A vote to leave the biggest free trading block in the world and the UK's biggest trading partner has resulted in 25% in the value of the British Pound. So, the value of the greatest assests of the landlords are down by the same amount.
The average rent in my properties has gone down by the similar amount if not more.
It will cost us 25% more to buy things.
So, put all of the above together.
Luckily, I am reasonably well off to survive and still do not have to come out of my early retirement. But, what about those British people who scream, 'Leave, leave' - millions of them?
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