Anthony LoPinto Anthony LoPinto
I was lucky to spend a university year abroad in Rome, and later countless vacations and business ventures across the UK and Europe. Over the years, border crossings were always an adventure, because the language and cultures changed along with the currency. Alas, with the emergence of the European Union, the Italian Lira, the French Franc, and the German Deutsche Mark disappeared. Nothing else has changed. Europe is still a continent of very separate and distinct communities and cultures, and on the real estate front, the UK and Europe translate into thousands upon thousands of markets and submarkets. Having lived and transacted business in Europe, I often wondered how the EU could survive. Yet it has, except for the most recent threat that will play itself out this week with Brexit—the UK’s vote on whether or not to exit the EU. I expect that the vote will tilt slightly to a stay, but if it tilts the other way, that may ultimately be the death knell for the EU. The good news is that all of those old Liras, Francs and Deutsche Marks in my shoebox in the closet will come in very handy at the former EU Border Controls. 

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