To Exchange if we Brexit

Miss_Samantha

ElsieMonkey wrote: »

You said "There is no doubt that leaving the EU will have negative consequences." Which strongly implies you can predict the future, or that you know something all experts have so far not been able to predict and agree on.

Experts agree that leaving the EU will have negative consequences.
There is not even a need to predict anything: Look at the Pound and FTSE as the odds of Brexit increase. This is happening now.

Those who tell you that it cannot be predicted are in fact saying that you should ignore everything you hear and have faith in them instead.
Hence my tongue in cheek remark on jumping off a cliff.

Reasoning is not everyone's strong point.

Samsonite1

While there are definite consequences of a Brexit - in terms of house prices, it is it is not predictable. A Brexit could increase house prices if supply and demand are just so. Maybe all of the Spanish property owners will start selling and buying in the UK, increasing demand for a few years, by which time we may have decided to Brenter again...

But the point is that we do not know about house prices after a Brexit and they tend not to change quickly so how long after the result do you wait before you say that house prices were directly affected by the decision?

Jhoney_2

david171 wrote: »

Hi all,

We are accepting a huge risk if we agree to proceed should we brexit. I'm sure we can all agree there will be a large degree of uncertainty if we do leave. The vendor is chain free, moving into rented, so where is the risk for them?.

You are not accepting anything.

You initiated contact, booked the viewing (s), and made an offer - which was accepted by the vendor. Now you refuse to accept the price you agreed to. Did you make them take the property off the market too?

The risk for them at this point, apart from any fees spent responding to your convenyancer - is YOU!

Just make your mind up one way or the other and do the seller the courtesy off letting them know. If you do not intend to pay what you offered, stop wasting their time, money and obstructing another potential buyer.

Noone is forcing you to buy it at that price - just let them know that you don't asap.

It's just plain wrong to leave them oblivious to this and unable to plan. I doubt they are getting an 18% rent reduction? and potentially having to do that all again for whoever does eventually buy it...

ElsieMonkey

Miss_Samantha wrote: »

Experts agree that leaving the EU will have negative consequences.
There is not even a need to predict anything: Look at the Pound and FTSE as the odds of Brexit increase. This is happening now.

Those who tell you that it cannot be predicted are in fact saying that you should ignore everything you hear and have faith in them instead.
Hence my tongue in cheek remark on jumping off a cliff.

Reasoning is not everyone's strong point.

The Pound and FTSE fluctuate daily and for a variety of reasons, this is usual. I've heard plenty of people argue the case that this is some sort of indication of the end of the world as we know it, and plenty who argue the opposite.

And there's plenty of experts that agree that Brexit will have positive consequences. That's my point! NO ONE KNOWS. Not even the experts, and certainly not me, or you (no matter how much you claim otherwise).

Miss_Samantha

The good old ostrich syndrome combined with outright lies...

Sad.

(90% of economists agree on Brexit, by the way)

DaftyDuck

Nobody knows exactly what will happen, rather like the weather forecast. However, on the balance of probability, there's a very strong indication of what will happen, for both the weather and for Brexit, and most economists do agree there is a strong argument for remaining in, (just as most weather forecasts predict a rainy few days for the south UK). Some do disagree, although they are in the minority (I think 10% is probably generous, if you consider them by qualification).

There may be convincing arguments for leaving, or there may not be. As far as economic considerations go (and economics underlie many, many of the other factors), there is a convincing argument to remain part of the EU.

ElsieMonkey

What I find hard to understand is how people are falling for all the scaremongering predictions. If such a dangerous outcome was a certainty, or even likely, why did Cameron offer the referendum at all? (To win an election and the votes he was losing to UKIP at the time most probably).

My point is, I do not believe (maybe naively) that any British government would be so reckless with its people's future and (less naively) their own personal wealth as individuals (and this last point is why they want to maintain the status quo).

What Osborne is coming out with today (emergency budget if we exit) is flabbergasting and utterly disgraceful. If the Leave campaign is right, what an utter disgrace that Cameron offered the referendum to begin with knowing that it would put everything so disastrously at risk - they should be held accountable. And if they're wrong, they are also a disgrace for the level of pure unadulterated scaremongering and bullying tactics they have employed and are subjecting their electorate to.

TrickyTree83

Miss_Samantha wrote: »

Experts agree that leaving the EU will have negative consequences.
There is not even a need to predict anything: Look at the Pound and FTSE as the odds of Brexit increase. This is happening now.

Those who tell you that it cannot be predicted are in fact saying that you should ignore everything you hear and have faith in them instead.
Hence my tongue in cheek remark on jumping off a cliff.

Reasoning is not everyone's strong point.

Ahh this chestnut.

So if someone back in 2000 said "In 8 years the entire global economy will suffer a massive shock and almost every major developed nation will go into recession." would you have then said they were wrong to predict that? You probably would have because none of the experts you're blindly following now were saying it would happen.

So if we vote to leave are we jumping off a cliff or jumping into a lifeboat?

On the whole economists and the city are always thinking the status quo is alright - until it isn't. Then you hear about the previously silenced minority who were warning of it for years who were ignored, but whom were correct.

Now there's actual evidence, a track record to back up what I've said here. Why are you ignoring their past indiscretions and failures? Why are you sneering at people who haven't ignored these issues?

Miss_Samantha

As I wrote, reasoning is not everyone's strong point.

harz99

Simple message to the OP - you are not yet ready to buy, own and be responsible for, your own property. Until you are ready, say in five years time, to buy your "forever" property, carry on as you have been doing up to now.


Of course that may well mean lining BTL owners pockets, and/or seeing your savings shrink, but at least you won't have taken any risk on buying at the wrong time.