If we vote for Brexit what happens

mwpt

michaels wrote: »

Vast majority, especially lowest paid, are employed in services which are not traded internationally - or will you ship your great grannies bottie to china to have it wiped?

I'm not sure about vast majority but you do have a point. The leave voters assure me that they are not narrow minded and want to open up bottie wiping to the rest of the world, not just white Christian Europe. I'm guessing by the above it means you want to import Chinese bottie wipers.

NewHomeOwner_2

The way I see it right now you can't have it both ways. You can't benefit from a possible price crash in 2 years AND have the benefit of owning a home for those 2 years.

So you can either buy your home now and enjoy living in it and accept prices might crash. Or you can wait 2/5/10 years like Crashy and stay living in rented/with parents and hope that you get a bargain.

It's entirely up to you!

michaels

mwpt wrote: »

I'm not sure about vast majority but you do have a point. The leave voters assure me that they are not narrow minded and want to open up bottie wiping to the rest of the world, not just white Christian Europe. I'm guessing by the above it means you want to import Chinese bottie wipers.

Actually even though no doubt I will lose out on inheritance from my parents having to pay more to have their botties wiped I would rather the suply of botties wipers was restricted so that wages rose to the level that the native born were willing to do it.

This is of course economically illiterate but I think improves fairness.

jimpix12

NewHomeOwner wrote: »

The way I see it right now you can't have it both ways. You can't benefit from a possible price crash in 2 years AND have the benefit of owning a home for those 2 years.

So you can either buy your home now and enjoy living in it and accept prices might crash. Or you can wait 2/5/10 years like Crashy and stay living in rented/with parents and hope that you get a bargain.

It's entirely up to you!

You omitted to mention possible negative equity, being trapped in a home for years that you cannot sell, being repo etc.

There are many other things to consider, other than your oversimplifications.

cells

is there any truth that the lower paid are worse off now than x years ago. Not sure I would pick one single year to make a comparison as it could be an outlier but maybe a 5 or 10 year rolling period.

I am also not convinced of the idea that a generation ago things were easier. I think there is likely to be a bias in that view both from a point of heath and well being but also simply the fact that your more likely to say things were easier in the past to others rather than gloat that your doing better than ever and things in the past were more difficult


personally I dont think globalisation has reduced the wages of the poor. Most of what we import isnt products from poor countries which have embedded low wage labour in it. A lot (most) of what we import is either not produce able here (or the west in general) eg oil coal gas certain grades of ores etc or its from other rich countries like cars from Germany.

cells

michaels wrote: »

Actually even though no doubt I will lose out on inheritance from my parents having to pay more to have their botties wiped I would rather the suply of botties wipers was restricted so that wages rose to the level that the native born were willing to do it.

This is of course economically illiterate but I think improves fairness.

the natives are willing to do the lowest paid jobs they are often even willing to work illegal or sub min wage black market jobs so get that out of your head that they are not willing

The reason we see a lot of migrants take the lowest paid jobs is because the locals by in large have better options thanks to the migrants

Long term unemployment is just 1% and it will be more or less the same if the workforce expands or shrinks. If we import lots of low skilled migrants the locals go up the pay scale, if we export lots of low skilled migrants the locals will lose higher paying higher skill jobs (less demand for everything in a lower population) and the workforce rearranges to fill the lower levels

NewHomeOwner_2

spunko2010 wrote: »

You omitted to mention possible negative equity, being trapped in a home for years that you cannot sell, being repo etc.

There are many other things to consider, other than your oversimplifications.

Unless you buy with a massive deposit there's always a risk house prices will go down and you'll get into negative equity because none of us have a crystal ball. And let's not forget that you're not just dependant on house prices. With a repayment mortgage and the ability to overpay it's not ALL out of your hands.

Prices go up. Prices go down. It's a home.

cells

Things are better for the rich the middle and the 'poor' in the uk by any reasonable metric you can think of over a generation

Car ownership up
Appliance ownership up
Housing consumption up (people have and use more floor space per capita)
Life expectancy up
Education and skill levels up
Access to virtually everything up


Maybe individuals are unhappy that their lives dont look like that of Paris Hilton but even the richest nations in the world have plenty of unhappy depressed people and plenty of low skill low status jobs that need filling and doing

baza52

knife crime up
Sex crimes up
Hospital waiting lists up
Doctors appointments waiting lists up
Parents not getting their children into local schools up
Gangs roaming the streets up
Prison population up
People renting from the private sector up

I could go on......

CLAPTON

mwpt wrote: »

Errr, isn't this what I have said multiples times on this forum and been either shot down or ignored by the leave voters?

Wage suppression is a global phenomenon. It was not caused by the EU and it isn't going to be solved by leaving the EU. We have chosen a very difficult economic path because a !!!!ing stupid YES/NO type vote allowed people to tick a box meaning "NO, I am not satisfied with life".

given that you believe that wages in the UK have nothing to do with the local supply demand situation and are all due to global forces, then why aren't wages more or less the same all over the world?