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Debate House Prices

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Debate House Prices & the Economy

The U.S.E. (United States of Europe)
The euro is an integral part of joing the EU as monetary and fiscal union are an integral part of 'ever closer union' which is what the EU stands for. Why would we want to be part of an organisation that is moving towards being a European State when we (I think the vast majority in the UK beyond a small proportion of…
Brexit - Economic impact?
Looming Sterling Crisis? https://twitter.com/faisalislam Money being withdrawn from the UK already.... http://news.sky.com/story/1708390/eu-osborne-warning-over-capital-flight-cost Exchange rate chaos likely...…
Lord Salisbury on suffrage
To give 'the suffrage' to a poor man is to give him as large a part in determining that legislation which is mainly concerned with property as the banker whose name is known on every Exchange in Europe, as the merchant whose ships are in every sea, as the landowner who owns the soil of a whole manufacturing town...two…
Any BTL's Buying? EA's getting really pushy
Anyone thinking it's a good idea to delay exchange after the referendum? Estate agent is pushing for exchange now, and until now has been uninvolved, I'm fairly certain this new urgency is to do with some buyers pulling out, prices dropping and generally EA's being quite due to the uncertainty. EA's which up to a few weeks…
Just a query re. mayoral election/economy
Just wondered – were Sadiq Khan to be elected London mayor, what effect would that have on London's economy? Labour don't exactly have a good record for improving economies – quite the reverse, in fact. Given that the whole country is so reliant on the economy of London, would any fall in it have a massively detrimental…
MSE News: EU vote registration deadline extended until Thursday night
The deadline to register for a vote in the EU referendum has been extended to 11.59pm on Thursday 9 June after technical problems with the Government's website meant some people missed the original deadline...Read the full story: 'EU vote registration deadline extended until Thursday night after website crashes' Click…
West Bromwich BTL landlords win
http://www.telegraph.co.uk/personal-banking/mortgages/landlords-win-legal-battle-over-lenders-unfair-mortgage-rate-ris/ So BTL lenders can't vary a tracker rate unless the base rate changes, and they can't call in a mortgage that's not in default. I'm on a 20 year tracker so very happy about this. It will be interesting to…
Everything that is wrong with the French economy
http://www.france24.com/en/20160607-france-societe-generale-ordered-pay-rogue-trader-kerviel-450000-euros-wrongful-termination You may remember Jerome Kerviel, he was the rogue trader that cost Soci!t! G!n!rale almost EUR5,000,000,000 in losses as they unwound unauthorised derivative positions he had taken. It turns out…
Oh My God
https://www.youtube.com/watch?v=fFy8gkgfSWs&feature=youtu.be This is just horrible. 16 minutes, needs sound. SFW I suppose. Warning: Contains 18 year old 'hedge fund mangers'. I feel unwell.
Swiss voting on basic income of £21,000 a year!
http://www.bbc.co.uk/news/world-europe-36443512 Seems a bit high, doesn't it? If the UK were to adopt a measure along those lines, the gross cost would be somewhere in the region of £1trillion per year, which is comparable to, if not slightly greater than, the entirety of current government spending. Obviously the upside…
Which turncoat HPC crashtroll is this?
http://www.telegraph.co.uk/news/2016/06/07/i-was-an-angry-young-renter-who-railed-against-the-mortgage-indu/
Remember when...we noticed that Nationwide Year on Year was down to 4.2%
Pretty much impossible to call housing market trends at the moment due to the impact of the btl stamp duty cliff at the end of March. However we can remember that the late 80s boom / crash coincided with the removal of miras brining an artificial surge followed by a hangover.
Will house prices rise or fall with Brexit
What will be the effect of Brexit on house prices?
It's not who votes that counts, it's who counts the votes.
It's not who votes that counts, it's who counts the votes. Scotland wasn't allowed to leave the UK, even though the people voted for it. It was rigged. Spain wasn't allowed to leave the EU, Greese wasn't allowed to leave the EU the U.K. has vast majority wanting to leave but it's goin to be rigged again.
Blue on Blue gets really nasty?
http://www.bbc.co.uk/iplayer/episode/b07gb99n/the-andrew-marr-show-05062016 John Major puts the boot in......utterly false statements about Turkey.........nonsense on slilts ....serially disloyal IDS......pig in a poke..(lies)....and the leave campaign know that...............outside we will become a vastly diminished…
BHS 'could file for administration' threatening 11,000 jobs on Monday
Department store is set to go into administration on Monday if £60m short-term funds are not found UK retailer BHS could file for administration as early as Monday, threatening 11,000 jobs, the BBC understands. Sources close to the owners told the BBC that "things don't look good". Talks are continuing with Sports Direct…
Traders making their own Brexit polls to sell sterling
http://www.markpack.org.uk/140741/european-referendum-exit-polls/
Good news from Venezuela
Good news from Venezuela. If you are a civil servant you now only have to turn up to work on Mondays and Tuesdays. Well, okay, you are supposed to go in on Wednesdays, Thursdays and Fridays, in order to complete "fundamental and necessary tasks". Although that does rather prompt the question as to why you would need to…
Fed Hike
As the Fed stares into its collective naval and ponders whether to hike rates or just go off to Starbucks for a round of coffees it is worth noting that no person has ever bought an iPhone and read about a contemporary rate hike by the Fed on its screen. The last increase in interest rates from the Fed was in 2006. The…
Impact on the UK Econemy when Turkey Joins the EU in October
Assuming Turkey is allowed to join the EU in October as is being discussed at present. What will the impact be on the UK economy? Seems strange to me that our goverment can agree to decisions like this without a vote or asking us. Have they considered the economic ramifications ? If so, and considered the deal will either…

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