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

18198208228248252072

Comments

  • AnotherJoe
    AnotherJoe Posts: 19,622 Forumite
    10,000 Posts Fifth Anniversary Name Dropper Photogenic
    edited 12 August 2016 at 9:24AM
    DRP wrote: »
    A bit harsh don't you think?

    What if someone comes to this country legally, is working full-time, and their wages are low enough to make them eligible for housing benefit?
    )

    In that case seems to me the taxpayers are subsidising low paying employers, and also fueling higher house prices and rents at the expense of those same taxpayers since they then unfairly have to compete for housing with those who have a taxpayer funded subsidy.
    There are always going to be people in UK society, sometimes due to no fault of their own, that need help with housing costs, BUT you shouldn`t be allowed to rock up from any part of the EZ and step onto that gravy train like some sort of free McDonalds happy meal for just coming into the shop (although this was how it was designed IMO)

    Goodness I agree with CT. That's disconcerting.
  • CLAPTON
    CLAPTON Posts: 41,865 Forumite
    10,000 Posts Combo Breaker
    mwpt wrote: »
    No, you are incorrect. You big fat snake oil peddler.


    oh dear, but your posts speak for themselves quite eloquently
  • HAMISH_MCTAVISH
    HAMISH_MCTAVISH Posts: 28,592 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    CLAPTON wrote: »
    The fee movement of people, in any reasonable time frame, would lead to world wide conflict .

    The pathway towards global free movement will take a long time.

    But it's already started to happen.

    At the moment we have increasing numbers of regional Unions building up - with agreements offering full or partial free movement between the participating states.

    As these regional unions develop they will start to agree further deals between Unions, not just countries within a Union, including elements of free movement between regional Unions.

    And over time these regional blocks will expand, helping poorer countries develop, and fewer individual countries will remain outside of Unions.

    The journey to increasing global levels of prosperity, living standards, etc, towards that of Western nations is happening now. And it will be achieved through harnessing economies of scale and collective efficiencies through Unions.

    We can choose to be a part of it or we can choose to become increasingly poorer, isolated and irrelevant.
    “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”
  • CLAPTON
    CLAPTON Posts: 41,865 Forumite
    10,000 Posts Combo Breaker
    The pathway towards global free movement will take a long time.

    But it's already started to happen.

    At the moment we have increasing numbers of regional Unions building up - with agreements offering full or partial free movement between the participating states.

    As these regional unions develop they will start to agree further deals between Unions, not just countries within a Union, including elements of free movement between regional Unions.

    And over time these regional blocks will expand, helping poorer countries develop, and fewer individual countries will remain outside of Unions.

    The journey to increasing global levels of prosperity, living standards, etc, towards that of Western nations is happening now. And it will be achieved through harnessing economies of scale and collective efficiencies through Unions.

    We can choose to be a part of it or we can choose to become increasingly poorer, isolated and irrelevant.

    you had the choice of voting for the UK to treat all peoples and countries of the world equally

    but you choose not to do this, but to entrench the insular union of white christian exclusively European countries.

    The predominate trends are towards trading blocks and reduction is trading barriers: few have envisaged free movement of people.

    It is likely that free movement of people will arise as a consequence of a more equal prosperity across the globe. This of course may well make the UK much poorer.
    It will have nothing to do with a load of hypocritical grandstanding misguided 'idealist' who love to spout impractical ideas.

    Give us a list of regional unions that allow unrestricted free move of peoples.
  • posh*spice
    posh*spice Posts: 1,398 Forumite
    Tromking wrote: »
    Brexit, or the thought of it becoming 'normalised' in peoples attitudes now.
    Anecdote alert- I spoke to a Dutch tourist in a local 'caff' the other day, expressed his surprise at how at ease he thought Brits were with their decision. Like most Europeans, he seemed very knowledgeable on the machinations of the EU, he considered the loss of the UK as the political failure of Merkel and Hollande.
    As an aside, as the resident of a market town on the edge of Dartmoor, I have never seen so many foreign visitors, cafe`s and pubs are rammed with them.
    If a Brexit vote was the UK distancing itself from Europe it would appear Europeans have other ideas. For a country of xenophobes and closet racists we seem quite popular.

    I was in Cornwall for a couple of weeks and can report the same. So many German walkers!
    Turn your face to the sun and the shadows fall behind you.
  • posh*spice
    posh*spice Posts: 1,398 Forumite
    The pathway towards global free movement will take a long time.

    But it's already started to happen.

    At the moment we have increasing numbers of regional Unions building up - with agreements offering full or partial free movement between the participating states.

    As these regional unions develop they will start to agree further deals between Unions, not just countries within a Union, including elements of free movement between regional Unions.

    And over time these regional blocks will expand, helping poorer countries develop, and fewer individual countries will remain outside of Unions.

    The journey to increasing global levels of prosperity, living standards, etc, towards that of Western nations is happening now. And it will be achieved through harnessing economies of scale and collective efficiencies through Unions.

    We can choose to be a part of it or we can choose to become increasingly poorer, isolated and irrelevant.

    Tell that to Trump and his supporters.
    Turn your face to the sun and the shadows fall behind you.
  • CLAPTON
    CLAPTON Posts: 41,865 Forumite
    10,000 Posts Combo Breaker
    mayonnaise wrote: »
    For the big fat snake oil peddler bigot on here feigning fake concern for African economies:

    7 ways Brexit will be felt across Africa.
    http://edition.cnn.com/2016/07/01/africa/brexit-africa/
    Brexit will be terrible for Africa’s largest economies.
    http://qz.com/715710/brexit-could-be-terrible-for-africas-largest-economies/
    Brexit may severely affect African economies.
    http://www.herald.co.zw/brexit-may-severely-affect-african-economies/


    The existing trade arrangements with African countries are strictly second best agreements;
    brexit offers the opportunity to treat them on the same level playing field.
    You voted to exclude every single African country from your white christian club and to permanently treat them as second class countries.
  • sheff6107
    sheff6107 Posts: 451 Forumite
    Just to pull back on topic, currently there is a mish mash of signals:

    • a slowdown in the increase of house prices in July, but still an 8.4% rise on 2015
    • price falls in a number of affluent London areas
    • new buyer inquiries, sales and new instructions have fallen
    • areas of stagnation where few transactions are happening
    • large increase in mortgage approvals for first time buyers
    • decrease in mortgage approvals for everyone else
    • lowest repossession rates on record
    • interest rate drop to 0.25%
    • Bank of England predicting only a temporary slight decline in house prices before they increase again

    Where do you go from here? The market only works when the wheels are turning, and they've almost ground to a halt, coinciding with one of the slowest months in August.
  • Niv
    Niv Posts: 2,566 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    sheff6107 wrote: »
    Just to pull back on topic, currently there is a mish mash of signals:

    • a slowdown in the increase of house prices in July, but still an 8.4% rise on 2015
    • price falls in a number of affluent London areas
    • new buyer inquiries, sales and new instructions have fallen
    • areas of stagnation where few transactions are happening
    • large increase in mortgage approvals for first time buyers
    • decrease in mortgage approvals for everyone else
    • lowest repossession rates on record
    • interest rate drop to 0.25%
    • Bank of England predicting only a temporary slight decline in house prices before they increase again

    Where do you go from here? The market only works when the wheels are turning, and they've almost ground to a halt, coinciding with one of the slowest months in August.

    Your bullet points and then closing statement do not seem to agree. Maybe it has ground to a halt in some areas but looking at your bullet points the message seems to be 'things are slower than normal but will be a temporary blip'. So, where do we go from here? Sit tight if you don't want / need to move and get on with it if you do?

    please note I have just assumed all bullet points are accurate factually and not your opinion.
    YNWA

    Target: Mortgage free by 58.
  • buglawton
    buglawton Posts: 9,246 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    edited 12 August 2016 at 11:47AM
    I'd blame a lot of it on stamp duty, that taxes number of transactions and increases disproportionally the higher prices go.
    Why should someone who wants to move 3 times in 2 decades pay a ton of tax compared to a stay-putter?

    Sensible people prefer to stay put, and I for one have shelved the idea of downsizing as the family shrinks or relocating and am going for home improvements instead.
    'Paying unnecessary tax is a mugs game'

    Edit:
    about the old chestnut that the Summer months are the quietest:
    IY3X5G.jpg
    (2014 figures but other years are all very similar)
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 352.1K Banking & Borrowing
  • 253.5K Reduce Debt & Boost Income
  • 454.2K Spending & Discounts
  • 245.1K Work, Benefits & Business
  • 600.7K Mortgages, Homes & Bills
  • 177.4K Life & Family
  • 258.9K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.2K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.