We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
Debate House Prices
In order to help keep the Forum a useful, safe and friendly place for our users, discussions around non MoneySaving matters are no longer permitted. This includes wider debates about general house prices, the economy and politics. As a result, we have taken the decision to keep this board permanently closed, but it remains viewable for users who may find some useful information in it. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
If we vote for Brexit what happens
Comments
-
That's not the same as being a debt Junky, when crunch come to push people find money to pay mortgage.
You don`t know what will happen this time, you are talking about what you believe people did in the past. I believe in the last proper crash some people were sending back the keys and running to Spain to avoid their mortgage debts, but obviously not everyone did this.0 -
michael1234 wrote: »It will only pop if supply increases and/or demand decreases. Supply would typically increase if mass unemployment or very high interest rates take hold. I think that's very unlikely in the medium term at least.
Most likely is a period of stagnation with low transaction levels but prices generally holding. That's not good but I think it is where we are.
BTL sell off will increase supply, as will people leaving to go home when they don`t get all the benefits they used to get.0 -
I don't dispute some people will default but not in the numbers you think. I know what happened in the past because I experienced it and the first thing the majority of people pay is thier mortgage and they sacrifice other things to be able to pay for it.Crashy_Time wrote: »You don`t know what will happen this time, you are talking about what you believe people did in the past. I believe in the last proper crash some people were sending back the keys and running to Spain to avoid their mortgage debts, but obviously not everyone did this.0 -
There you go again stating things are fact what they are not.Crashy_Time wrote: »BTL sell off will increase supply, as will people leaving to go home when they don`t get all the benefits they used to get.0 -
First I have to say that the web site this comes from seems a little crazy.
However the point that is made is that the man Appointed by Mr Juncker to lead the out negotiations is a clever, Inteligent, tough guy. Well educated and a trained diplomat and negotiator.
He takes up his appointment on October 1st.
He will have plenty of time and considerable resources to assemble a powerful team in readiness for the beginning of the process.
I only hope we have a better team.There will be no Brexit dividend for Britain.0 -
posh*spice wrote: »The European parliament have no power! It's all in the hand of the (unelected) commissioners.
Are you sure? The European Commission are just civil servants that work on what th European Council direct, the European Parliament then vote on whether or not to pass the laws they propose.If you think of it as 'us' verses 'them', then it's probably your side that are the villains.0 -
If we vote for Brexit what happens?
Lloyds bank to axe 3,000 jobs and close 200 branches
https://www.theguardian.com/business/2016/jul/28/lloyds-bank-to-axe-3000-jobs-and-close-200-branchesThe bank is blaming a fall in the use of branches by customers and anticipated cuts to interest rates following the vote for Brexit last month for the decision to cut jobs.
On a positive note, statistically, 1560 of the 3000 affected will be brexiters. At least they got their country back eh. :rotfl:Don't blame me, I voted Remain.0 -
The EU does have trade deals and others in negotiation but then you know that. The UK currently has no trade deals. So question stands.50 not enough for you?
Well, at least you didn't embarrass yourselves by naming them. :rotfl:If I don't reply to your post,
you're probably on my ignore list.0 -
mayonnaise wrote: »If we vote for Brexit what happens?
Lloyds bank to axe 3,000 jobs and close 200 branches
https://www.theguardian.com/business/2016/jul/28/lloyds-bank-to-axe-3000-jobs-and-close-200-branches
On a positive note, statistically, 1560 of the 3000 affected will be brexiters. At least they got their country back eh. :rotfl:
Back in 2014 they cut 9000 jobs.If I don't reply to your post,
you're probably on my ignore list.0 -
Back in 2014 they cut 9000 jobs.
Not as a result of "anticipated interest rates cuts following Brexit" they didn't....
And as I recall many/most of the 2014 cuts were overseas.
You used to be better than this C....
If you're going to now spend the next few years denying the obvious it'll get a bit tedious in a distinctly geneer kind of way.
Why not just accept the economic fallout from Brexit as it happens with good grace and then make a case for why you think it's all worth it anyway?“The great enemy of the truth is very often not the lie – deliberate, contrived, and dishonest – but the myth, persistent, persuasive, and unrealistic.
Belief in myths allows the comfort of opinion without the discomfort of thought.”
-- President John F. Kennedy”0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 352K Banking & Borrowing
- 253.5K Reduce Debt & Boost Income
- 454.2K Spending & Discounts
- 245K Work, Benefits & Business
- 600.6K Mortgages, Homes & Bills
- 177.4K Life & Family
- 258.8K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.2K Discuss & Feedback
- 37.6K Read-Only Boards