If we vote for Brexit what happens

Thrugelmir

wotsthat wrote: »

By the by. Every $ buys an extra £0.08 compared to a month ago. I'm looking forward to 10% of my next house. Oh hang on - foreigners only which strikes me as sweetly ironic.

If the UK economy is going into meltdown why buy commercial property now. Wait until the sales start. Be plenty of empty space once banks relocate to mainland Europe.

wotsthat

TrickyTree83 wrote: »

:rotfl:

We'll be importing just as much as we do now. In the short - medium term it might be slightly more expensive but once the common customs tariff comes down you can expect a saving there, and once the good ship Britannia is on an even keel again things will return to normal and she'll be commanded by the captain and not some distant group of detatched admirals more concerned with their own well-being.

I hope you're right. When I shop in, say, Portugal though the prices are already a few % below what we pay in the UK and, for example, I don't need to pay a surcharge to buy tomatoes that smell like tomatoes and can buy potatoes that are streets ahead of the spuds we buy here.

We can't buy at those prices despite being a bigger market. Why not?

I suspect the elephant in the room is that this isn't necessarily an EU issue but one of margin. What's the difference between Tesco tomatoes and Aldi tomatoes - absolutely nothing but the margin.

Rinoa

wotsthat wrote: »

By the by. Every $ buys an extra £0.08 compared to a month ago. I'm looking forward to 10% of my next house. Oh hang on - foreigners only which strikes me as sweetly ironic.

Whatever, all I'm interested in is the fact foreign banks are snapping up office space in London. I guess that's somewhat annoying for the remainers.

wotsthat

Thrugelmir wrote: »

If the UK economy is going into meltdown why buy commercial property now. Wait until the sales start. Be plenty of empty space once banks relocate to mainland Europe.

They probably don't think the UK economy is going into meltdown. I don't either.

My impression is you're probably more pessimistic on the economy than most regardless of the Brexit result.

Crashy_Time

MobileSaver wrote: »

Totally agree with you however prices dropping doesn't mean the HPC crowd get their dream homes with a 50% discount. The simple reality is that in a falling market only the desperate sellers or the less desirable properties are available to buy. Most people do stay put and even the HPC lot appreciate that transaction volumes are nothing like they used to be.



LOL, the HPC experts have been wrong for so long that I think I worked out you would need prices to crash by 70%+ just to get back to the same price as when you got off the property ladder!

My total rental outlay is well under 100k though, many will reduce by that in a week when this bubble bursts, and it won`t be anything special property either.

TrickyTree83

wotsthat wrote: »

I hope you're right. When I shop in, say, Portugal though the prices are already a few % below what we pay in the UK and, for example, I don't need to pay a surcharge to buy tomatoes that smell like tomatoes and can buy potatoes that are streets ahead of the spuds we buy here.

We can't buy at those prices despite being a bigger market. Why not?

I suspect the elephant in the room is that this isn't necessarily an EU issue but one of margin. What's the difference between Tesco tomatoes and Aldi tomatoes - absolutely nothing but the margin.

I agree the quality of our produce is lacking (my wife is Ukrainian and their food seems tastier) but that was the case in or out of the EU.

wotsthat

baza52 wrote: »

Veg and fruit can be grown all year round in any climate.
How do you think all the cannabis grown in the UK is available year round.

Thanks Monty Don.

ukcarper

Crashy_Time wrote: »

My total rental outlay is well under 100k though, many will reduce by that in a week when this bubble bursts, and it won`t be anything special property either.

But you could have bought for half that.

wotsthat

TrickyTree83 wrote: »

I agree the quality of our produce is lacking (my wife is Ukrainian and their food seems tastier) but that was the case in or out of the EU.

Interesting to think why that might be.

I dislike the term rip off Britain but maybe there's something in it and we're terrible consumers.

TrickyTree83

wotsthat wrote: »

Interesting to think why that might be.

I dislike the term rip off Britain but maybe there's something in it and we're terrible consumers.

Although it's completely unrelated to this thread, our conditioning that tomatoes look and taste a particular way, or any foodstuff for that matter appears to be related to the supermarket brand portrayal, our need to import and the shelf life of the products. If we were more self reliant we'd get better tasting uglier basic food, but probably the same imported food due to the logistical challenges involved.