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If we vote for Brexit what happens

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Comments

  • Let's just walk away from the EU without negotiations!
  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Let's just walk away from the EU without negotiations!

    The UK needs a backstop should 2 years of negotiations prove fruitless.
  • nubbins wrote: »
    but Ian you wanted to buy in March, you were a little eager beaver disappointed that your 6 offers (at 8% under ask) were rejected. What has happened between then and now to make you so bitter and green eyed. Did you sell up sometime around 2014/15 expecting a crash and then realised you had made a terrible mistake in March 2016?

    Ooh how exciting, I've got my very own little internet stalker, prepared spend time trawling through dozens of my previous posts but sadly still falling wide of the mark with their conclusions.

    For the record, yes I was briefly looking to downsize as I was in position to buy somewhere without having to sell my existing property first (or so I thought)

    However a brief look soon made me realize that the entire market in my area of the NW and meeting my requirements (1-2 bed houses up to around £130k) was abysmal value for money... entirely made up of stock that consisted of shabby houses, in undesirable areas for stupid asking prices with stubborn deluded vendors.

    I genuinely feel real sympathy for any FTBers who are buying into this recent/current market and I really can't understand the ones who do buy and are then celebrating and high-fiving all around about getting themselves into such huge levels of debt for the rest of their working lives.

    But anyway we're veering off the specific topic of Brexits effect...
  • ukcarper
    ukcarper Posts: 17,337 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Ooh how exciting, I've got my very own little internet stalker, prepared spend time trawling through dozens of my previous posts but sadly still falling wide of the mark with their conclusions.

    For the record, yes I was briefly looking to downsize as I was in position to buy somewhere without having to sell my existing property first (or so I thought)

    However a brief look soon made me realize that the entire market in my area of the NW and meeting my requirements (1-2 bed houses up to around £130k) was abysmal value for money... entirely made up of stock that consisted of shabby houses, in undesirable areas for stupid asking prices with stubborn deluded vendors.

    I genuinely feel real sympathy for any FTBers who are buying into this recent/current market and I really can't understand the ones who do buy and are then celebrating and high-fiving all around about getting themselves into such huge levels of debt for the rest of their working lives.

    But anyway we're veering off the specific topic of Brexits effect...

    Where in the NW is it not possible to get a reasonable 2 bed house for £130k.
  • Crashy_Time
    Crashy_Time Posts: 13,386 Forumite
    10,000 Posts Seventh Anniversary Name Dropper
    Ooh how exciting, I've got my very own little internet stalker, prepared spend time trawling through dozens of my previous posts but sadly still falling wide of the mark with their conclusions.

    For the record, yes I was briefly looking to downsize as I was in position to buy somewhere without having to sell my existing property first (or so I thought)

    However a brief look soon made me realize that the entire market in my area of the NW and meeting my requirements (1-2 bed houses up to around £130k) was abysmal value for money... entirely made up of stock that consisted of shabby houses, in undesirable areas for stupid asking prices with stubborn deluded vendors.

    I genuinely feel real sympathy for any FTBers who are buying into this recent/current market and I really can't understand the ones who do buy and are then celebrating and high-fiving all around about getting themselves into such huge levels of debt for the rest of their working lives.

    But anyway we're veering off the specific topic of Brexits effect...


    This one isn`t high-fiving it seems....


    https://www.theguardian.com/commentisfree/2016/sep/26/i-finally-own-my-first-house-so-why-do-i-have-buyers-remorse
  • Crashy_Time
    Crashy_Time Posts: 13,386 Forumite
    10,000 Posts Seventh Anniversary Name Dropper
    http://www.mirror.co.uk/news/uk-news/inside-ex-manchester-united-star-8910211




    Brexit effect, or just paid too much? My bet is on the latter.
  • Conrad
    Conrad Posts: 33,137 Forumite
    10,000 Posts Combo Breaker
    edited 26 September 2016 at 11:23AM
    Rinoa wrote: »




    If nothing else, it's a good place from which to negotiate.
    The Bremainers have this idea we have to be nice and go cap in hand to the all powerful EU, this is carp.


    You start by saying we're leaving, you can carry on selling to us tariff free and we will reply in kind. The ball is then in the EU's court and if they start talking about tariffs and the hampering of EU exporters, it makes Brussels look bad to the workers in Trance, Italy, Germany who's livelihoods depend on UK trade. Think of the political storm when Port Talbot workers were to loose their jobs, now magnify that 100 fold in the EU if trade hampering measures were mooted

    In any event our currency is what, about 10% lower now, and coupled with not having to send a couple hundred million a week to the EU, we're already up on the deal even with an average tariff of 4%.


    We would collect greater tariff value than the entire EU in this circumstance, so another boost to our coffers.
  • Ozzuk
    Ozzuk Posts: 1,884 Forumite
    Eighth Anniversary 1,000 Posts
    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.

    I type out a reply but you know what, it doesn't matter. Your strategy is to hope everything will crash so you can buy a house. Which you then admit could be devalued further by bad neighbours and you could end up losing it, so why would you even want one.

    It puts you on a par with ambulance chasers and I doubt anything we/I say is going to change your perspective. Such is your right!
  • For years, I’ve poured the bulk of my wages into the pockets of a succession of landlords slapdash enough to fit cupboards that fall off walls, or oven doors that spontaneously shatter of their own accord, or carpets that inexplicably become attractive to slugs at night. And it was miserable.
    Seems like he was even unhappier when he was renting... some people will always see things as "a glass half empty", there's a few on here with the same malaise. ;)
    Every generation blames the one before...
    Mike + The Mechanics - The Living Years
  • Crashy_Time
    Crashy_Time Posts: 13,386 Forumite
    10,000 Posts Seventh Anniversary Name Dropper
    Ozzuk wrote: »
    I type out a reply but you know what, it doesn't matter. Your strategy is to hope everything will crash so you can buy a house. Which you then admit could be devalued further by bad neighbours and you could end up losing it, so why would you even want one.

    It puts you on a par with ambulance chasers and I doubt anything we/I say is going to change your perspective. Such is your right!


    The point really was that renting is more flexible, especially at the end of a bubble and with sentiment so obviously shifting, it could be hard to get away from somewhere now whereas in the past people would overlook flaws and only see capital/rental gains and buy the property off you in a heartbeat at over asking price. Saying that my views are flawed doesn`t change the wider sentiment shift towards over-priced property that is going on.
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