Commercial property and election sentiment...

Apparently a large reason for the pound taking a hammering at the moment is due to the fact that there is growing expectation of a hung parliament, which is generally bad for everyone as the political stalemate is good for no-one.

It would be interesting to hear what people think the impact will be for the commercial property sector in each of the eventualities, namely:

labour win
conservative win
hung parliament leading to a co-alition

What does everyone think?!

Re : Commercial property and election sentiment

I think that if there is a hung parliament it is going to be a disaster because parliament will be totally impotent.

It would be much better if someone wins (yes, even Labour!!!) rather than there being a hung parliament with no-one knowing what is going on and all sorts of hodge podge deals being done behind the scenes to see if there is some weird or wonderful coalition that can be formed to give someone the majority... so let's just all hope that there is no hung parliament.

Re : Commercial property and election sentiment

An interesting take on things.

I have seen the view repeated in several places that a hung parliament would be the worst possible outcome and that other countries would be quite wary of Britain with no decision maker in place and that commercial property and everything else would suffer as a result.

Quite a lot of countries never or hardly ever get an outright majority so it would be interesting what happens to those in the period of time where they are looking to form a coalition or have another election to determine a clear winner...