Defying Brexit
Brexit, it would appear, has not diminished London's status and appeal abroad. With the pound beginning to drop slightly, investors are continuing to see the potential the UK still has to offer. The capital has continued to dominate the European housing and wealth market, defying any Brexit concerns from those coming from abroad.
London has now held the Knight Frank's top wealth spot for over five years, competing against other rivals, which include the Asian powerhouses of Tokyo, Hong Kong, and Singapore. No other European city has come close to London’s place and it doesn’t look like it will in the coming months, despite any Brexit fears.