If we vote for Brexit what happens

jimpix12

indianabones wrote: »

As for the sellers taking it off the market, the ones doing that will find themselves in a worse situation than they would have been if they had kept it on the market but dropped the asking price.

But can you blame them? 15+ years of house price increases, at least in the SE, it will create a state of mourning not seen since Diana passed away when they do start to dive downwards.

By the way, every time someone bumps this thread, a boomer loses another £200 from their house/unofficial pension. True story.

michaels

mayonnaise wrote: »

This chart is easy to interpret: It says we're screwed






http://uk.businessinsider.com/deloitte-cfo-survey-on-hiring-and-capex-in-brexit-recession-2016-7

Is not expecting to increase capital expenditure and hiring the same as expecting to reduce them or in the case of hiring for it to turn negative.

If net immigration falls then reduced new hiring need not result n any increase in unemployment....

danothy

If the decision is made to end freedom of movement between the UK and the EU then I hope the UK stands fully by its chosen principles and also restricts movement of people between constituencies within the UK, requiring people to have a visa or similar in order to travel into an area that they are not registered to vote in and have not had voting influence over.

CLAPTON

danothy wrote: »

If the decision is made to end freedom of movement between the UK and the EU then I hope the UK stands fully by its chosen principles and also restricts movement of people between constituencies within the UK, requiring people to have a visa or similar in order to travel into an area that they are not registered to vote in and have not had voting influence over.

The EU freedom of movement is clearly a 100% racist policy.
I would be surprised you held it is such high regards but I know your principles are hypocritical and irrational.

Crashy_Time

http://www.bbc.co.uk/news/business-36912193


Sorry, looks like already posted, but I think even rates at 1.5 or 2% would put a lot of people in trouble.

Crashy_Time

For what it is worth I think the next psychological milestones in the Bear V Bull or debtor V prudent stakes will be when we officially trigger the clauses that take us away from the grip of EU control, and the Italian banks problem starting to spiral. Very interesting times indeed. People who own large decent houses would be just as well keeping them for life, and accepting that the "value" is likely to drop, run of the mill stuff that has been bought for BTL, unless you own outright or tiny mortgage, IMO needs to be dropped in price until you get rid, or it will be regretted later, just my IMO of course.

Rinoa

Juncker looks to be accepting a limit to Swiss immigration after Switzerland voted for quotas in a referendum.

Talks between EU and the Swiss were put on hold until after UK referendum but now Juncker appears to be allowing talks on limiting Swiss immigration to continue.

So, free movement not compulsory after all.

http://www.dailymail.co.uk/news/article-3712505/Swiss-EU-immigration-curb-talks-creep-despite-Brexit-vote.html?ITO=1490&ns_mchannel=rss&ns_campaign=1490

ukcarper

iantojones40 wrote: »

http://www.bbc.co.uk/news/business-36912193

more great news!
But, but, but I thought nobody is over leveraged and there are no debt junkies?
Quite astonishing figures given current I.R's... I'll say again just imagine the (deserved) trouble so many people would be in if they went up just 3-4%.

Nobody saying there are not people in debt but not as many as you think and people declaring themselves insolvent are just as likely if not more likely to be renters.

danothy

CLAPTON wrote: »

The EU freedom of movement is clearly a 100% racist policy.
I would be surprised you held it is such high regards but I know your principles are hypocritical and irrational.

I suggest that you review your personal definitions of "racist", "hypocritical", and "irrational" that appear to be literally the exact opposite of what those words mean.

Harper123

Crashy_Time wrote: »

For what it is worth I think the next psychological milestones in the Bear V Bull or debtor V prudent stakes will be when we officially trigger the clauses that take us away from the grip of EU control, and the Italian banks problem starting to spiral. Very interesting times indeed. People who own large decent houses would be just as well keeping them for life, and accepting that the "value" is likely to drop, run of the mill stuff that has been bought for BTL, unless you own outright or tiny mortgage, IMO needs to be dropped in price until you get rid, or it will be regretted later, just my IMO of course.

I think I've had as much amusement as I can from this forum now. There's only so many times you can read the same post by the same person.I'm off to buy my next home and get on with my life.

See you in a couple of years Crashy and co when it will be a bit like when you've just finished a book. You need to wait a while before you can enjoy reading the exact same thing again.