If we vote for Brexit what happens

System

I am really happy that house prices are continuing to increase post brexit - we have a strong economy.

System

Keep the HPI increasing at ZIRP post brexit, this is making our economy stronger. I cannot wait for the NIRP!

A_Medium_Size_Jock

Tromking wrote: »

Retail sales for July up 5.9% on the same month last year.
This post-Brexit vote slump is a killer!
http://www.bbc.co.uk/news/business-37116279

And as a result, the pound recovers a little:
http://www.exchangerates.org.uk/news/16077/gbp-usd-money-currency-eu-referendum-2016-forecast-outlook-uk-us-cpi-.html

Plus are remainers getting the doom they seem to want?

it found that regions that supported Britain exiting the European Union have seen more buoyant property-market activity, while areas that voted “Remain” have seen the reverse.

http://www.bloomberg.com/news/articles/2016-08-17/london-bears-the-brunt-as-brexit-divides-u-k-housing-market

mayonnaise

A_Medium_Size_Jock wrote: »

And as a result, the pound recovers a little:
http://www.exchangerates.org.uk/news/16077/gbp-usd-money-currency-eu-referendum-2016-forecast-outlook-uk-us-cpi-.html

Plus are remainers getting the doom they seem to want?

http://www.bloomberg.com/news/articles/2016-08-17/london-bears-the-brunt-as-brexit-divides-u-k-housing-market

With London and the SE effectively being the engine of the UK economy, I wouldn't get too excited about these regions bearing the brunt.

A_Medium_Size_Jock

mayonnaise wrote: »

With London and the SE effectively being the engine of the UK economy, I wouldn't get too excited about these regions bearing the brunt.

Excited? To what end; it affects me not in the slightest either way.

Nah, observation only ............ though it does remind me of the old adage:"Be careful what you wish for".

( Surely if we can make houses more affordable in these areas it is a benefit to some though? :whistle: )

mwpt

A_Medium_Size_Jock wrote: »

And as a result, the pound recovers a little:
http://www.exchangerates.org.uk/news/16077/gbp-usd-money-currency-eu-referendum-2016-forecast-outlook-uk-us-cpi-.html

Argh, terrible news. Won't somebody think of the exporters?!

System

Most people on here do not understand the relationship between HP and IR.

High HPs - low IRs

Low HPs - high IRs

Imagine today's HPs at a BR of 5%. HPs would be around 2009/2010 levels.

The housing market has been manipulated to suit.

A_Medium_Size_Jock

mwpt wrote: »

Argh, terrible news. Won't somebody think of the exporters?!

:rotfl:
Are some folk having to resort to fatuous comments because there is no "remain" negativity to be found in these posts?

Try this:

Britons turned less pessimistic about the economy in August than in July

Oh, so no signs of a slump for August either then!
http://uk.reuters.com/article/us-britain-economy-sentiment-idUSKCN10T1BP

And:

The data up to the end of July out yesterday was the first proper indicator we have had of post-Brext sentiment. What it shows is that the vote has not derailed the economy but that it is proving steady if not rather robust.

http://www.dailymail.co.uk/money/comment/article-3745625/MAGGIE-PAGANO-Jobs-sterling-steady-stock-market-close-new-high-mini-Brexit-boost.html

Conrad

Historically low inflation, rising employment numbers, a bigger rose in retail spending than expected. As we said all along, many economists are politically hamstrung quacks, nothing more

vivatifosi

Silly season story, but did amuse me....

The EU removes Britain from the Olympics medal table, adds all the countries tally together and puts itself top:
http://www.express.co.uk/news/uk/701448/Rio-2016-Olympics-European-Union-EU-Brexit-Ukip

Must stop reading the Express..