U.S. Housing Market Could be Hit by Britain's Brexit Mess

Posted by Staff Reporter on Mar 16, 2019 10:18 AM EDT
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U.S. Housing Market Could be Hit by Britain's Brexit Messmore big
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Britain may be across the "pond" from America, but the growing chaos around Brexit, Britain's planned departure from the European Union, is expected to have global ramifications-and the U.S. real estate market won't be immune from them.

On Wednesday, Britain's Parliament voted not to leave the EU without a deal in place that would smooth the country's March 29 departure. It comes just a day after British lawmakers shot down Prime Minister Theresa May's exit plan. Another vote to extend the deadline is slated for Thursday, although it's unclear if lawmakers can wrangle an extension from the EU.

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