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If we vote for Brexit what happens

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Comments

  • Crashy_Time
    Crashy_Time Posts: 13,386 Forumite
    10,000 Posts Seventh Anniversary Name Dropper
    ukcarper wrote: »
    I've told you enough times I don't know what is going to happen to prices it's you who keep telling everyone that they are going to crash so come how far.


    I am saying a lot of the elements for a crash are in place, I am not predicting how far prices will fall, but we all know that 30 - 40% off in many areas is not even affordability. It is a charade, and the only question really is how much longer can it last? My thinking now is that it is sentiment that will eventually bring it all down, not interest rates, and a majority of people in the country have just voted to leave the EU in the face of warnings about what this could do to house prices. That is a good sentiment indicator right there IMO, not a good time to be carrying big mortgage debt, paying over the odds for a house, or expecting a bumper pay out from a house you bought years ago.
  • ukcarper
    ukcarper Posts: 17,337 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    I am saying a lot of the elements for a crash are in place, I am not predicting how far prices will fall, but we all know that 30 - 40% off in many areas is not even affordability. It is a charade, and the only question really is how much longer can it last? My thinking now is that it is sentiment that will eventually bring it all down, not interest rates, and a majority of people in the country have just voted to leave the EU in the face of warnings about what this could do to house prices. That is a good sentiment indicator right there IMO, not a good time to be carrying big mortgage debt, paying over the odds for a house, or expecting a bumper pay out from a house you bought years ago.
    That is why you will never buy and will be waiting for prices to fall enough forever.
  • CLAPTON
    CLAPTON Posts: 41,865 Forumite
    10,000 Posts Combo Breaker
    BobQ wrote: »
    I would say my post is neither awesome or silly (even by Claptonesque standards)

    It is however TRUE which distinguishes it from some others

    it is indeed definitionally true: and one of the great benefits of brexit is that we will be ALLOWED to agree trade deals with anyone we like.
  • Kohoutek
    Kohoutek Posts: 2,861 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    CLAPTON wrote: »
    it is indeed definitionally true: and one of the great benefits of brexit is that we will be ALLOWED to agree trade deals with anyone we like.

    Would you like some facts?

    http://news.cbi.org.uk/business-issues/uk-and-the-european-union/eu-business-facts/10-facts-about-eu-trade-deals-pdf/
    1. As a member of the EU, UK business has easier access to 1/3 of the world’s markets by value

    2. The EU gives UK business preferential market access to over 50 countries outside of the EU

    3. The EU gives the UK access to more markets than Switzerland, Canada or Australia – who have 38, 15 and 15 trade deals respectively

    4. The EU gets the UK a better deal – eliminating tariffs with South Korea almost 4 times quicker than Australia’s deal

    5. The Switzerland-China trade deal gives China immediate access to Swiss markets but Switzerland has to wait 15 years for access to Chinese markets

    6. EU trade deals are comprehensive in scope – all deals signed in the last year include services

    7. The EU-South Korea deal boosted UK trade with South Korea by 57%

    8. The EU-Canada trade deal will add £1.3bn to the economy

    9. If the EU completes all deals currently under negotiation, 88% of the UK’s trade would be covered

    10. Completing the trade deals with just Japan and the US would give UK business easier access to 2/3 of the world’s markets by value
  • CLAPTON
    CLAPTON Posts: 41,865 Forumite
    10,000 Posts Combo Breaker
    Kohoutek wrote: »

    not one actual fact
    as I understand it, the 'facts' come from the same source that had lots of 'facts' to prove that the uk MUST join the Euro otherwise we would decline

    or am I mistaken?
  • Kohoutek
    Kohoutek Posts: 2,861 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    CLAPTON wrote: »
    not one actual fact
    as I understand it, the 'facts' come from the same source that had lots of 'facts' to prove that the uk MUST join the Euro otherwise we would decline

    or am I mistaken?

    Sorry, you're not making much sense.

    This is about trade deals, not what the CBI said about the euro 20 years ago.

    Which facts in that article don't you agree with?
  • Conrad
    Conrad Posts: 33,137 Forumite
    10,000 Posts Combo Breaker
    Not sure how you deduced me complaining about high prices for delivery in the future with your choice to restrict E.U. migrants to do low paid work here. So you voted for the benefit of E.U. migrants doing low paid work? Is this what you are saying? A new and may I say very unbelievable altruistic angle you have made up there to justify your misplaced vote.

    It is simply a statement of fact, it won't be nice for consumers (who often happen to be workers, employees) when labour costs go up for some sectors of industry because of the potential for sending the E. Europeans home post Brexit vote.

    Some E.U. migrants seem to be more than prepared to work at these jobs at a rate significantly higher than they would earn in E.Europe. (as an aside : in Poland wages have gone up 23pct and in the U.K the last 7 years 10pct DOWN.

    Was that the E.U's fault as well ? Or maybe, just maybe it might have been to do with the endless billions we paid to bail the banking system out when they screwed our lives up last time.

    These are jobs that will need to employ British nationals if/when E.U. migrants are sent packing, a potential consequence of your vote. (if the unemployed are willing) at identical rates if such companies are to survive, otherwise more unemployment and more cost for services such as delivery as 1 example to everyone else.

    It is the companies who wish to pay the least possible within the market which they operate to earn the most profit.

    How is that myself who wants to push down labour costs ? Or is that yet another quirk of the Brexit "We voted for we don't know what it is." mindset ?

    You Brexiters appear to be making it up as you go along. It is understandable it is all you can do in lieu of voting for what something that you don't know the consequence of. It seems incomprehensible reasoning is endemic in the Brexit mindset.

    A survey yesterday pointed out we've had the worst wage growth in Europe aside from Greece

    A major part of the vote for Brexit is to bring down immigration numbers to a level that allows normal wage conditions to return. Ok it means you may have to pay a little more for your courier, but as a good hearted person you will welcome a pay rise and return of hope and dignity for working class people of course

    I believe everyone is entitled to earn a decent wage and have a bit of dignity, and if that means us all paying more, excellent

    Sorry if this means you don't get to amass quite as much in your ISA and pension as you'd planned for
  • Conrad
    Conrad Posts: 33,137 Forumite
    10,000 Posts Combo Breaker
    Kohoutek wrote: »
    Sorry, you're not making much sense.

    This is about trade deals, not what the CBI said about the euro 20 years ago.

    Which facts in that article don't you agree with?

    Those are not facts, they epitomise stage one knee jerk 'logic' many of us grew out of years ago

    Stretch that brain!
  • CLAPTON
    CLAPTON Posts: 41,865 Forumite
    10,000 Posts Combo Breaker
    Kohoutek wrote: »
    Sorry, you're not making much sense.

    This is about trade deals, not what the CBI said about the euro 20 years ago.

    Which facts in that article don't you agree with?

    the 'facts' about trade deals were CBI propaganda with no actual facts

    can't you recognise that ?
  • CLAPTON
    CLAPTON Posts: 41,865 Forumite
    10,000 Posts Combo Breaker
    danothy wrote: »
    It might be if I wasn't actually prepared to live with the consequences of allowing everyone who didn't enjoy my accident of birth to have the same opportunities as me while saying they should, but I advocate that they do, and I am prepared to accept those consequences should the discrimination I abhor cease. I'm sure you have some other definition of hypocrisy though ... one that makes no sense but allows you to keep trying to justify the indefensible.

    the hypocrisy is truely awesome.
    so you're not prepared to ACT, but prepared to ADVOCATE : you couldn't make it up.
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