If we vote for Brexit what happens

mrginge

Spiv wrote: »

Was out to dinner with 4 Remains friends who were almost hyperventilating with anger over Brexit - calling all the Leavers thick and uninformed - when I scratched the surface it was actually they who were thick and uninformed - that's why they find it so frightening.....They haven't followed the debate at all -all they've absorbed is "project fear"..... they have no clue to what actually is going on so they are bewildered....

Perfectly understandable.

People move along the change curve at different rates. Some, like wotshat are stuck on stage 2, others like mwpt are verging on stage 3 which is nice to see.

stage 2 are angry. They still desperately trying to cling onto anything that can give them the comfort of the current status quo. They look at any step forward and pick out the negatives to try drag things back to their safety net. They repeat errors of the past as evidence of reasons to not go forward. They cannot and will not accept that the change has already happened and we have no option but to move on. They pounce on the positivity of those further along the curve and call them deluded, irrational, unrealistic...etc.

Crashy_Time

http://www.telegraph.co.uk/property/house-prices/emb-0001-house-prices-to-fall-in-post-brexit-tumble/


Rents will probably start falling as well, looks like a lot of BTL types expected a Remain vote. BBC is on this theme today as well, no doubt in an attempt to build consensus for the last credible (well barely credible) bullet the BOE has left, a whopping 0.25 rate cut!

Harper123

Crashy_Time wrote: »

http://www.telegraph.co.uk/property/house-prices/emb-0001-house-prices-to-fall-in-post-brexit-tumble/


Rents will probably start falling as well, looks like a lot of BTL types expected a Remain vote. BBC is on this theme today as well, no doubt in an attempt to build consensus for the last credible (well barely credible) bullet the BOE has left, a whopping 0.25 rate cut!

Genuine question. Why will rents fall?

Crashy_Time

Harper123 wrote: »

Genuine question. Why will rents fall?

Because there seems to have been a rush into BTL, and there may be less unskilled workers coming into the country in future, so less demand meets over-supply.

hanb

Crashy_Time wrote: »

Because there seems to have been a rush into BTL, and there may be less unskilled workers coming into the country in future, so less demand meets over-supply.

Another genuine question, if all the people who were looking to buy decide not to, based on the crash prediction, and stay renting, surely that will balance out and rents will continue to rise or at least remain high? Again, I personally think it will depend on where you are but I can't imagine rent dropping here (Bristol).

Crashy_Time

hanb wrote: »

Another genuine question, if all the people who were looking to buy decide not to, based on the crash prediction, and stay renting, surely that will balance out and rents will continue to rise or at least remain high? Again, I personally think it will depend on where you are but I can't imagine rent dropping here (Bristol).

What if some of the people looking to buy/rent just go back to their home country now that the game has changed for their lifestyle/work options?

wotsthat

Rinoa wrote: »

The destination is the important bit. We know where we want to end up but like all journeys there are several routes available. The direct route (single market access but no free movement) is the obvious choice but if for some reason that road is blocked there are several alternative routes available.

Leave couldn't issue a plan because they weren't in government. There's no rush. The new government will soon start outlining their plans. Markets are settling down, pound continues to inch up. The sunny uplands will soon be noticeable on the horizon.

I don't believe not being in government was the reason for the lack of a plan/ statement of intent/ core principles. The leave campaign, like the remain campaign, was a loosely bound coalition of people with very different views which made agreement almost impossible.

It's why we're in the situation now where there's a mandate only to leave the EU. How happy do you think the average UKIP voter is going to be if that is delivered in a timely fashion but free movement remains?

Honestly, I don't think the destination is that clear to everyone, despite the clear question, but there's no rush, as you say, because we're still waiting for the maps to be delivered.

Crashy_Time

hanb wrote: »

Another genuine question, if all the people who were looking to buy decide not to, based on the crash prediction, and stay renting, surely that will balance out and rents will continue to rise or at least remain high? Again, I personally think it will depend on where you are but I can't imagine rent dropping here (Bristol).

BTW they said rents/prices could never drop in Aberdeen, and look what happened there. Why is Bristol special, my rent in Edinburgh has been flat for well over a decade (with private landlords)

mwpt

Rinoa wrote: »

The destination is the important bit. We know where we want to end up

Do we? I don't think it is obvious to many of us. Please humour me and spell it out?

but like all journeys there are several routes available. The direct route (single market access but no free movement) is the obvious choice

No, not for me. I accept the result of the referendum, but my obvious choice moving forward is for free trade and free movement but not being subject certain EU directives.

wotsthat

mrginge wrote: »

Perfectly understandable.

People move along the change curve at different rates. Some, like wotshat are stuck on stage 2, others like mwpt are verging on stage 3 which is nice to see.

stage 2 are angry. They still desperately trying to cling onto anything that can give them the comfort of the current status quo. They look at any step forward and pick out the negatives to try drag things back to their safety net. They repeat errors of the past as evidence of reasons to not go forward. They cannot and will not accept that the change has already happened and we have no option but to move on. They pounce on the positivity of those further along the curve and call them deluded, irrational, unrealistic...etc.

It's nice amateur psychology. Judging by how angry you seem to be you might be behind me on that change curve or struggling with a different change curve.