If we vote for Brexit what happens

Crashy_Time

http://www.thisismoney.co.uk/money/markets/article-3741088/Bovis-Homes-posts-healthy-profits-shares-fall-amid-wider-concerns-post-Brexit-vote-housing-market.html

Kohoutek

https://www.ft.com/content/48e12b28-5e2d-11e6-bb77-a121aa8abd95

Britain’s space sector fears being locked out of the European Galileo satellite navigation system project as a result of the Brexit vote, jeopardising billions of pounds of business opportunities and putting the government’s targets for the industry at risk.

UKspace, the trade body for the sector, has written to Jo Johnson, science minister, warning of the need to ensure the UK retains its place as a key supplier and beneficiary of the €10bn Galileo programme, now funded entirely by the EU.

In addition to existing tenders amounting to €3bn to complete the constellation of satellites, the industry estimates the potential market for Galileo-related applications and services could amount to €6bn by 2025. The latter market is a significant driver behind the UK’s ambition of taking 10 per cent of the global space market by 2030, which would mean more than trebling the £11.8bn annual turnover achieved in 2013 to £40bn

Masomnia

Kohoutek wrote: »

https://www.ft.com/content/48e12b28-5e2d-11e6-bb77-a121aa8abd95

Since there are a number of other non-EU countries involved with the project, why are you concerned?

AFF8879

Crashy_Time wrote: »

http://www.thisismoney.co.uk/money/markets/article-3741088/Bovis-Homes-posts-healthy-profits-shares-fall-amid-wider-concerns-post-Brexit-vote-housing-market.html

If you actually read to the bottom you'll see it's just like any other article...basically a "too early to judge any impact" sentiment as with everything else reported.

"Rightmove said June's Brexit vote had knocked sentiment, although it added that the month-on-month decline in asking prices was in line with the traditional summer lull."

"Whilst it is too early to judge the impact of the EU Referendum and the Bank's monetary policy response on the UK housing market, the underlying market fundamentals for UK housing remain positive"

Conrad

So little Britian with a small irrelevant population size is today second in the medals table, but how can this be, we're just a small insignificant island with no influence nor ability aside from that afforded by way of the old men in Brussels?


We will surely fail if left to our own devices, and just drift like a mindless jellyfish unable to carve a new reality.

glasgowdan

Crashy_Time wrote: »

Not sure about some of your examples though, you said sold for 400K but the ad said asking 360k or something? Did you burst in with a high bid to keep things turning over and sellers spirits up?
:rotfl:

You don't seem to understand "offers over". And you certainly don't know the market here. All of these houses are selling 10-20% over the offers over price. They have been for years. I also know someone who has confirmed this one. So yes, it's sold for around 400. Put a marker in your diary to check register of scotland in 4 months.

indianabones

glasgowdan wrote: »

You don't seem to understand "offers over". And you certainly don't know the market here. All of these houses are selling 10-20% over the offers over price. They have been for years. I also know someone who has confirmed this one. So yes, it's sold for around 400. Put a marker in your diary to check register of scotland in 4 months.

We've seen multiple examples from users on this board that Offers Over means nothing. There are some members who in the last month have got houses for 5-7% less than the Offers Over asking price.

A house I was interested in 2 months ago sold for 192k with an asking price of Offers Over 200k.

If people are paying 400k for 360k marketed houses, then something is really really wrong with this society.

AnotherJoe

indianabones wrote: »

If people are paying 400k for 360k marketed houses, trhen something is really really wrong with this society.

Isn't this an artefact of the Scottish system of house selling though? Which as I understand it has lsealed bids and final dates and for example everyone "knows" that the "real" price for a house advertised at say £360k is £380-£400k ? In England the same house might be advertised at £380-£400k with the same end price achieved of £390k.

Grenage

indianabones wrote: »

If people are paying 400k for 360k marketed houses, then something is really really wrong with this society.

It's really just an example of demand; things are worth whatever people will pay. It's pretty common to market houses below the expected sale price, to get interest and bidding.

Herzlos

I don't see the relation to how good we are at amateur olympics has with how the economy behaves?

We've got loads of world class athletes because we've got loads of word class athletic programs. Programs which are likely to get slashed as part of budget cuts (which has already been happening).