BREXIT - vote leave for lower house prices

masterwilde

as either side that only lists negatives without a single positive can be thrown out as garbage.

DRP

No one knows.

Probably overall Those with most to lose will play safe and vote remain (socioeconomic ABC1), whilst those with little now (therefore potentially more to gain) will chance it and vote leave.

The economy seems to continually be on the verge of stagnation, so we're probably heading for recession whether we stay or leave tbh... Not good for first time house buyers or sellers.

Miss_Samantha

DRP wrote: »

No one knows.

No one knows the details, but I think incorrect to claim that no one knows whether it will be positive or negative overall.

The is no doubt that it will be negative overall.

DRP

Miss_Samantha wrote: »

No one knows the details, but I think incorrect to claim that no one knows whether it will be positive or negative overall.

The is no doubt that it will be negative overall.

Is there such a thing as 'negative overall'?

We've just had the worst recovery from recession in hundreds of years, yet 'the 1%' (probably more than that) have come out of it richer and more untouchable than ever.

I fancy A brexit will be good for some and bad for others.

bigfreddiel

ScorpiondeRooftrouser wrote: »

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.

I didn't bother reading what others said, if George says prices will fall that's good enough for me! fj

mrginge

Miss_Samantha wrote: »

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?

So you agree with my original post then. Thanks.

Miss_Samantha

DRP wrote: »

Is there such a thing as 'negative overall'?

Obviously there is.

bigfreddiel wrote: »

I didn't bother reading what others said, if George says prices will fall that's good enough for me! fj

Ah this is a wind up...

Clutterfree

I'm sick to death with all this scaremongering from both sides.
The truth is, without a crystal ball/time machine nobody KNOWS what will happen - it is all guesswork.

Miss_Samantha

Clutterfree wrote: »

The truth is, without a crystal ball/time machine nobody KNOWS what will happen - it is all guesswork.

Not all "guesswork" are equal... As said it is simply not true that no-one can 'guess' what is likely to happen.

brit1234

masterwilde wrote: »

Bank of England would not be able to raise rates as the uk economy in theory will be going downhill, further unemployment, and a scarily high debt per person ratio.

Its not just about bank of England rates it is about the international money markets which banks borrow from now. If we leave the cost of borrowing from these funds goes up and will be passed through into higher mortgage rates. Just look what happened to the cost to borrow in Greece before the EU acted a guarantor for the Greeks debt, the cost of borrowing money for them shot up.