BREXIT - vote leave for lower house prices

Crashy_Time

Credit drives house prices, and up until the government decided to clamp down on it BTL was the main buyer in many areas, not working families. The EZ is a basket case and will break up whatever way the UK public vote, and at that point watch interest rates start to go crazy as debt defaults start to happen. You just need to read the threads on here about lenders down-valuing property to see that they are falling anyway, by much more than 2k, with or without Brexit.

bigfreddiel

It's official house prices to fall by 18% - George Osborne 20 May 2016!

So to help all those youngsters and first time buyers out there you must vote OUT.

So do you want to help them or not? It's the duty of al of us who have moved up or down the housing ladder, paid off their mortgage to do their bit so vote OUT, if you'd rather not help then don't bother or vote in.

Cheers fj

ScorpiondeRooftrouser

bigfreddiel wrote: »

It's official house prices to fall by 18% - George Osborne 20 May 2016!

So to help all those youngsters and first time buyers out there you must vote OUT.

So do you want to help them or not? It's the duty of al of us who have moved up or down the housing ladder, paid off their mortgage to do their bit so vote OUT, if you'd rather not help then don't bother or vote in.

Cheers fj

Did you fail to understand anything anybody said to you in this thread, or are you simply hoping other people are too stupid to follow it and might be fooled into voting for what you want?

He is saying house prices will fall because, and I quote him directly " the country and the people in the country are going to be poorer".

Now he may be wrong. But your claim above, which makes the presumption he is right, is nonsensical. Everyone getting poorer relative to the rest of the world doesn't help youngsters, first time buyers or anyone.

mrginge

Fortunately, as an independent sovereign state we have a government who can act to mitigate against short term negative economic consequences.

Unfortunately it looks like Gideon is telling us that in the event of Brexit he will simply shut up shop, go sulk in a corner and let the whole country go down the toilet and it'll all be our fault for not listening to the nice people who don't want to have to run things, make decisions or have to deal with any kind of social change.

Miss_Samantha

mrginge wrote: »

Fortunately, as an independent sovereign state we have a government who can act to mitigate against short term negative economic consequences.

You assume that the consequences will only be short term and that the government can 'just help' (which means borrowing and increasing the deficit, or printing money when inflation is already risk...)

mrginge

Miss_Samantha wrote: »

You assume that the consequences will only be short term and that the government can 'just help' (which means borrowing and increasing the deficit, or printing money when inflation is already risk...)

No I don't. The report clearly talk about short term consequences. Did you bother to read it?

Miss_Samantha

mrginge wrote: »

No I don't. The report clearly talk about short term consequences. Did you bother to read it?

They talk mostly about what the short term consequences will be. This does not mean that there will not be long term consequences.

They say Brexit will cause immediate negative consequences and long term negative consequences.

So... Any more snarky comments about my reading?

masterwilde

and would brexit according to the stay camp provide any short/long term benefits?

wrightk

still undecided as to which way i vote but ill be so glad when its all over. fed up of all the scare mongering bile being spouted from both sides (particularly from cameron)

Miss_Samantha

masterwilde wrote: »

and would brexit according to the stay camp provide any short/long term benefits?

The negative impacts discussed, and others, will be caused by the loss of the benefits we enjoy now.