If we vote for Brexit what happens

setmefree2

Rinoa wrote: »

Reuters:


http://uk.reuters.com/article/uk-britain-eu-fox-idUKKCN11V0C7?il=0

Sorry? We are already an independent member of the WTO as are All EU member states, as is the EU in its own right.

Rinoa

setmefree2 wrote: »

Sorry? We are already an independent member of the WTO as are All EU member states, as is the EU in its own right.

Opinions differ as to whether we are or aren't.

I guess it doesn't hurt to apply in any case which also tells the EU we don't intend to wait cap in hand relying on their benevolence.

Crashy_Time

MobileSaver wrote: »

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?"

Why did the PTB need to step in with emergency measures to prop up the housing market then, if as you believe, market forces were keeping prices high?

Crashy_Time

Grenage wrote: »

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.

That is just what you hope will happen, historical trends don`t bear that out, the market either surges ahead for a while or crashes? Take the props away from this market and it is toast.

Grenage

There doesn't seem to be any evidence of that in the long term.

Crashy_Time

Grenage wrote: »

There doesn't seem to be any evidence of that in the long term.

What, you can`t see any property crashes in the historical data?

Crashy_Time

http://www.bloomberg.com/news/articles/2016-09-26/deutsche-bank-slumps-to-fresh-record-low-on-capital-concerns


RBS/Lehman`s mark 2, or am I over-reacting?

iantojones40

ukcarper wrote: »

Where in the NW is it not possible to get a reasonable 2 bed house for £130k.

I said MY area of the NW, obviously I'm not going to give details of my exact location but it's a sizeable proportion of Derbyshire containing approx 3000 1-2 bed houses in total.

And I can assure you when local job opportunities, local wages, local transport infrastructure etc are taken into consideration, the dross that is available for £130k is enough to make any rational person weep.

glasgowdan

There are far too many statements of opinion written as fact (with not a jot of evidence) by HPC goons for anyone to take them seriously. The more replies they type down the further they get from achieving what they're trying. Rent on, dudes!

StevieJ

Conrad wrote: »

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.

KPMG also state

A new survey shows 76% of U.K. CEOs have considered moving their company  headquarters or parts of their business out of the country in the wake  of the Brexit vote in June. 
"Moving headquarters abroad is radical and hits the headlines but  businesses could start shifting operations abroad with little public  attention," he added. 
 "Policy makers should be really concerned about a leaching  of British business abroad and should engage with business early to  understand what assurances they can offer and closely monitor any shifts  overseas," Collins said. 
  KPMG's survey of 100 large  British companies found that most executives feel confident about the  economy and the prospects for their owns businesses over the next few  years. Yet over half of respondents say the U.K.'s ability to do  business will be hindered by leaving the EU, and that's why they're  sketching out options for Brexi

http://money.cnn.com/2016/09/26/news/brexit-ceo-survey-kpmg-cbi/