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If we vote for Brexit what happens

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Comments

  • with sentiment so obviously shifting,

    Is this shift in sentiment going to result in a House Price Crash this year Crashy?
    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
    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. ;)


    Well the main point really is that he is being commissioned to write pieces that are anti-HPI and anti-high rent, that is a sea change, also as someone pointed out in the comments he claims to "work remotely" but still chooses to live in Ponzi Central, so obviously not the brightest bulb in the box :rotfl:He would have been happier if it had all crashed before he bought IMO.
  • Crashy_Time
    Crashy_Time Posts: 13,386 Forumite
    10,000 Posts Seventh Anniversary Name Dropper
    Is this shift in sentiment going to result in a House Price Crash this year Crashy?


    How long do you think the bubble is going to survive for Mobile?
  • It seems that John Redwood thinks along the same lines.
    Leaving the EU is a sovereign decision by a newly sovereign people. It is not something to negotiate with Germany. Offer to continue tariff-free trade, send them the letter and then leave. It should not take two years and does not need to. The rest of the EU are likely to want to carry on with tariff-free trade as they have more to lose from tariffs than us. All services are tariff-free whatever happens, under world rules.
    http://www.telegraph.co.uk/news/2016/09/25/goodbye-eu-goodbye-austerity-britain/
  • How long do you think the bubble is going to survive for Mobile?
    Definition: bubble: used to refer to a good or fortunate situation that is isolated from reality or unlikely to last.
    I don't see a bubble; quite simply the population is growing faster than we're building new homes and so there won't be any 50%+ house price crash while that is still the case. Over the next five years there will be small ups and downs along the way but overall I fully expect house prices to be higher in 5 years than they are now.

    So I've answered your question, perhaps you would care to answer mine?

    "Is this shift in sentiment going to result in a House Price Crash this year Crashy?"
    Every generation blames the one before...
    Mike + The Mechanics - The Living Years
  • mayonnaise
    mayonnaise Posts: 3,690 Forumite
    I expect Liam Fox to be slapped down any moment now. :)
    Don't blame me, I voted Remain.
  • I have posted this elsewhere but it is appropriate here too:
    One of Germany’s most prominent businessmen has said Brexit will be more painful for the rest of Europe than for Britain, and a UK outside of the EU might prove “highly attractive” to foreign investors
    https://www.ft.com/content/ec53be7c-819d-11e6-bc52-0c7211ef3198
  • Grenage
    Grenage Posts: 3,222 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    I think that once the plan to start leaving Europe is formed and initiated, the average house price will double, because the pound will be worth half a dollar. That would only attract foreign investment, which would further reduce the housing pool.

    Either that, or nothing much will change, and house prices will level out for a while.

    That's my guess, at least.
  • Conrad
    Conrad Posts: 33,137 Forumite
    10,000 Posts Combo Breaker
    One of my Brexit arguments was always that UK firms need to get back in touch with training British youth to fill jobs, instead of the lazy route of taking in already trained (abroad) immigrants.
    Well, well well;

    http://www.independent.co.uk/news/business/comment/a-hard-brexit-would-lead-to-a-hard-biz-exit-with-devastating-consequences-a7330421.html



    Simon Collins, KPMG’s UK chairman, says business leaders are alive to the low esteem in which they are held………

    The firm says they're taking steps to address the issue. It points to their implementation of apprenticeship programmes and the attempts they are making to hire from a wider cross section of society than they have in the past.
  • Conrad
    Conrad Posts: 33,137 Forumite
    10,000 Posts Combo Breaker
    edited 26 September 2016 at 2:22PM




    Jock, Bremainers refused to entertain the idea the UK will be comparatively MORE attractive an investor landscape thanks to Brexit and out newfound nimble, autonomous nature.


    To summarise I argued the EU is more intrusive, higher taxing, more risky and faces years of deeply complex uncertainty and referenda, and no Brexit is not complex (read the history of nations such as India gaining independence from Britain that simply adopted all law as a holding position and then at leisure reviewed it POST independence)


    As I've said for months, even the USA is making the UK appeal more as both candidates represent great uncertainty and Clinton wants to hammer home even high corporate taxes and more regulation
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