If we vote for Brexit what happens

Ozzuk

Crashy_Time wrote: »

Why not make it useful? Can you tell us who will be buying your house in 25 years to pay for care costs or whatever if young people can`t buy a house now?

You can buy it if you like, you'll have seen the light be then

I'm being flippant, but if a house is being sold for care then it's the last of your concerns at that point.

And I'll have spent 25 years enjoying my own home. But this is just repeating - you have your view, I respect that, it doesn't match my own and my only real issue is the overall philosophy that the people spouting all this will be the first to buy a house if everything crashes so you are spending your life hoping for other people's misfortune.

That said my friend has just rented the most amazing house - its one I'd love to own and something he could never hope to buy. But he can't bank on a long term future there, he could lose it for many reasons.

wotsthat

Conrad wrote: »

What do think of Peter Lilly's proposal?

It's not a proposal. He seems to be saying that we need to leave the EU asap and no matter what Johnny Foreigner might say or do we're great so it'll work out just fine.

I agree the uncertainty of a prolonged exit will be damaging but I think he's only making that argument because it sugar coats his position which is that he cares only about leaving and doesn't much care about how it's done.

Wild guess here. I reckon he voted to leave the EU.

Crashy_Time

MobileSaver wrote: »

I do not agree and neither do the 90,000 people who bought a property in May, the 95,000 people who bought in June and the 100,000 people who bought a property in July this year.

Sure they didn`t just re-mortgage? :rotfl:

Crashy_Time

Ozzuk wrote: »

You can buy it if you like, you'll have seen the light be then

I'm being flippant, but if a house is being sold for care then it's the last of your concerns at that point.

And I'll have spent 25 years enjoying my own home. But this is just repeating - you have your view, I respect that, it doesn't match my own and my only real issue is the overall philosophy that the people spouting all this will be the first to buy a house if everything crashes so you are spending your life hoping for other people's misfortune.

That said my friend has just rented the most amazing house - its one I'd love to own and something he could never hope to buy. But he can't bank on a long term future there, he could lose it for many reasons.

If you don`t/can`t pay the mortgage you will lose "your" house, if the area or neighbours change and you want to move you can`t until you manage to find a buyer (and if the change is bad you probably won`t find a buyer) Having a mortgage on a house isn`t a Silver Bullet for life, much as many on here seem to want to believe that.

CLAPTON

cells wrote: »

Its fairly simple. Economically and financially the UK and its people benefit from young migrants. If the UK lost young locals we would be at a loss financially. I don't know why Clapton is trying so hard to deny this.

Imagine if every single person aged 20-40 left the UK clearly we would be screwed. Well the same applies if 5 million such people leave we would be at a loss. The reverse is also true if 5 million 20-40 year old arrive we are at a benefit.


Its not about life and death its about wealth. Even if everyone age 20-40 died in the UK we would survive. Of course we would be much much poorer. Likewise if the number of 20-40 year olds in the UK doubled we would be much much richer. And by that I don't mean just that we would have a !!!!!! number in the bank account. I mean we could afford to pay pensioners more. We could afford to cut taxes for the working age. We could afford more expensive and difficult NHS treatments.

The idea that the migrants will be a problem or a burden in the future also doesn't hold true. In the same way that if we lost all the local 20-40 year olds you couldn't say oh don't worry its just a problem for now it will be OK in 30 years. Of course it won't be. Likewise if we did have double the number of 20-40 year olds it would be much better not just for one generation but for multiple generations as the state could use the massive excess to save forugb assets for 30 years and then spend that dividend over 130 years

so this should show itself by the per capita GDP of countries with large populations being higher than countries with small populations, which is clearly NOT true.

and why do you persist with the view that only the monetary price has any significance?

clearly some-one sharing a flat has poorer housing that some-one enjoying a family sized home whatever the nominal cash value.

some-one who has to spend a couple of hours a day commuting is clearly worse off than some-one who only has to spend one hour; this is so even if your personal circumstances don't involve significant levels of commuting or whether you have 5 friends that you meet in a pub who don't commute either.

Bluebirdman_of_Alcathays

Crashy_Time wrote: »

Sure they didn`t just re-mortgage? :rotfl:

I bought one in April.


Might buy another one around about November time - some fabulous yields available around the Bridgwater area. Stuff the house full of Poles (the best type of tenant IME) and sit back and watch the wedge flow. I have a bond maturing next month and there's no way I'm going to watch it earn Sweet Fanny Adams in a poxy ISA.

Conrad

I felt this part in one of them that makes particularly good sense;


'The onus would then be on the EU 27 to continue free trade – or take the blame for triggering tariffs on their exports to their biggest market'.




Remainers love over-complicating things and deploying scare story 2.

Crashy_Time

Bluebirdman_of_Alcathays wrote: »

I bought one in April.


Might buy another one around about November time - some fabulous yields available around the Bridgwater area. Stuff the house full of Poles (the best type of tenant IME) and sit back and watch the wedge flow. I have a bond maturing next month and there's no way I'm going to watch it earn Sweet Fanny Adams in a poxy ISA.

What effect do you think Brexit will have on the numbers of available tenants?

Bluebirdman_of_Alcathays

Crashy_Time wrote: »

What effect do you think Brexit will have on the numbers of available tenants?

Negligible. Capitalism is predicated on a growing population. There is no way our government are going to let us do a Japan and flatline completely. We'll keep importing people from somewhere, if it's Aleppo rather than Warsaw so be it.

Conrad

Quality of life is about more than relentless high growth numbers. Things like us being unable to be food secure, and the relentless pressure to produce higher crop and livestock yields with all it's downsides, just don't register on those with nothing but money on their mind.


Each evening now I see cats in the field behind me pouncing on wildlife, forever depositing their kills of song birds, bats, grass snakes and whatever else they can kill. 15 years ago when less people lived round here things were in balance. More planes in the sky roaring away, more fumes on the roads, longer journeys, it all adds to a sense of casual ruination.


We have too many Humans, not a shortage of the damned things