Debate House Prices


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Why I would be celebrating if Brexit led to lower house prices

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Comments

  • Filo25
    Filo25 Posts: 2,140 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    CLAPTON wrote: »
    I don't really understand your point:

    Obviously, it's unlikely that on brexit day, the quantity and quality of housing will change much althought the 'remain' camp seem to be predicting massive price falls.

    By stopping immigration we can stop things get worse and slowly housing availability will improve as supply increases and demand doesn't.
    No magic formula just common sense and slow steady improving standards.

    Whilst I recognise your acceptance that the EU's economic policies are incapable of improving the prospects of EU27 young people, after brexit the UK will be able to determine the numbers of immigrant coming there and so can choose 10s of thousand rather than 100s of thousands.

    To be fair Clapton you seem to have been predicting pretty massive price falls yourself with the endless talk that Brexit would enable our young people to have affordable larger housing again.

    I'm not sure how many times you've posted that now, but I would guess its more than 50.
  • CLAPTON
    CLAPTON Posts: 41,865 Forumite
    10,000 Posts Combo Breaker
    Filo25 wrote: »
    To be fair Clapton you seem to have been predicting pretty massive price falls yourself with the endless talk that Brexit would enable our young people to have affordable larger housing again.

    I'm not sure how many times you've posted that now, but I would guess its more than 50.


    Sadly, to be fair , you are a manipulative dishonest person.
    Find one single post where I have predicted a massive price fall.
    Just one will do.
  • CLAPTON
    CLAPTON Posts: 41,865 Forumite
    10,000 Posts Combo Breaker
    cells wrote: »
    that's nice

    why are they not doing that in middlesborough? why is grangtown up there borded up and a decaying ghetto?


    .

    there are hell holes that, given the choice, most people with 2 brain cells won't choose to live.
  • Filo25
    Filo25 Posts: 2,140 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    CLAPTON wrote: »
    Sadly, to be fair , you are a manipulative dishonest person.
    Find one single post where I have predicted a massive price fall.
    Just one will do.

    Wow, classy comment from someone who, speaking of manipulation, posts strawman arguments on a regular basis, and hardly just on Brexit threads either.

    Really got nothing else to say beyond, look at your posting history, how many times you have said we need to control immigration to allow our young to afford good sized property in London, given the state of the London property market how much do you think the property market needs to fall to achieve that.
  • CLAPTON
    CLAPTON Posts: 41,865 Forumite
    10,000 Posts Combo Breaker
    edited 17 May 2016 at 9:33PM
    Filo25 wrote: »
    Wow, classy comment from someone who, speaking of manipulation, posts strawman arguments on a regular basis, and hardly just on Brexit threads either.

    Really got nothing else to say beyond, look at your posting history, how many times you have said we need to control immigration to allow our young to afford good sized property in London, given the state of the London property market how much do you think the property market needs to fall to achieve that.

    I have posted my honest opinions and views.

    You started by pretenting you were a simple soul just looking for the 'facts' about both sides of the argument.
    You then posted pure 'remain' propoganda shamelessly pretenting you were open to both sides of the argument.
    Just a load of lies

    Anyway
    What you posted was
    To be fair Clapton you seem to have been predicting pretty massive price falls yourself with the endless talk that Brexit would enable our young people to have affordable larger housing again.

    I'm not sure how many times you've posted that now, but I would guess its more than 50.

    I've challenged you to find one single post where I said I believed that 'massive' falls were likely : you have clearly failed.

    Anyway, more importantly, you clearly don't give a damn if the younger people in London will ever be able to live in a family sized house.
  • HAMISH_MCTAVISH
    HAMISH_MCTAVISH Posts: 28,592 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    CLAPTON wrote: »
    after brexit the UK will be able to determine the numbers of immigrant coming there and so can choose 10s of thousand rather than 100s of thousands.

    Except of course the UK can already choose how many non-EU migrants it wishes to come here and it chooses to allow hundreds of thousands of those every year.

    What on earth makes you think the UK would choose to restrict EU immigration anyway?

    If we do vote to leave the EU our government will almost certainly panic as the realisation of economic catastrophe looms large - and we'd then negotiate to remain in the Single Market, and that requires freedom of movement.

    We'd end up keeping free movement, paying the same or more as we do now, and having no say in or veto over any of the important issues.
    “The great enemy of the truth is very often not the lie – deliberate, contrived, and dishonest – but the myth, persistent, persuasive, and unrealistic.

    Belief in myths allows the comfort of opinion without the discomfort of thought.”

    -- President John F. Kennedy”
  • CLAPTON
    CLAPTON Posts: 41,865 Forumite
    10,000 Posts Combo Breaker
    edited 18 May 2016 at 10:31AM
    Except of course the UK can already choose how many non-EU migrants it wishes to come here and it chooses to allow hundreds of thousands of those every year.

    What on earth makes you think the UK would choose to restrict EU immigration anyway?

    If we do vote to leave the EU our government will almost certainly panic as the realisation of economic catastrophe looms large - and we'd then negotiate to remain in the Single Market, and that requires freedom of movement.

    We'd end up keeping free movement, paying the same or more as we do now, and having no say in or veto over any of the important issues.

    It certainly is possible the polical class would conspire against the demoocratic wish of the voters but that is nothing new.
    The politcal class and and the great and good and all the cartels all want cheap labour and a restrictive 'common' market to exclude genuine competition.
    You never have said how much more tax you are willing to pay for the necessary infrastructure upgrade to pay to meet the needs of the immigrants: would that be 5p in the pound or more?

    It wouldn't be economic castrophe, although it could be as bad as Aus/Canada/USA/N Zealand etc but I can live with that myself.
  • Dan83
    Dan83 Posts: 673 Forumite
    Eighth Anniversary 500 Posts Combo Breaker
    I'm quite happy for my house value to drop 25%, the next step on the property ladder will also take a 25% hit and with it being a dearer house, the 25% will mean more £££s saved.
  • westernpromise
    westernpromise Posts: 4,833 Forumite
    High house prices have been caused by cheap and loose credit. You can`t have it both ways.

    Indeed. What a shame interest rates are so high in Burnley! If they'd have the same interest rates as London they'd have a had a bubble!
  • Crashy_Time
    Crashy_Time Posts: 13,386 Forumite
    10,000 Posts Seventh Anniversary Name Dropper
    Indeed. What a shame interest rates are so high in Burnley! If they'd have the same interest rates as London they'd have a had a bubble!


    So between 2001 and 2008 house prices in Burnley were flat or falling? God it must be a right dodgy hole.
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