Debate House Prices


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Masses leaving UK as sterling weakens more and more

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  • ruggedtoast
    ruggedtoast Posts: 9,819 Forumite
    We must mix in different circles.

    There are plenty wheeled out on the telly, close to 50 and above, who have said they're not even getting interviews even though they've applied for '00s of jobs.

    If you can stay in your job as you get older, you're fine ... but if you lose it you can rarely get anything like what you used to do.... or anything at all.

    There was even one in the papers last week where a woman was asked at interview, aged just 59 "shouldn't you just be taking it easy and retiring?" And that was for a temporary job!

    http://www.standard.co.uk/news/london/do-you-not-think-you-should-be-retiring-what-westminster-council-worker-told-woman-59-in-job-a3348911.html


    Not everybody's got a pension.

    I'm afraid your boomer brethren on here won't like that at all. According to them anyone who isn't an affluent home owner at any age is a f3ckless Corbyn supporting ingrate who is too lazy to work hard and receive the bounty that this country has to offer.

    I'm sure things will get much better post Brexit whe the government pretty much just caters to them.
  • ruperts
    ruperts Posts: 3,673 Forumite
    Tenth Anniversary 1,000 Posts Name Dropper
    Cornucopia wrote: »
    The 65m people who are presently eligible to relocate anywhere within the EU... but don't.

    People might be eligible to move but it's unlikely they'll have sufficient language skills for the vast majority of decent jobs on the continent. That's why we don't see that many brits moving. If Spain, Italy or Portugal spoke English as a first language in their offices they would be full of brits.
  • HAMISH_MCTAVISH
    HAMISH_MCTAVISH Posts: 28,592 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    ruperts wrote: »
    People might be eligible to move but it's unlikely they'll have sufficient language skills for the vast majority of decent jobs on the continent. .

    True.

    In the EU anyway you tend to see most Brits at the bottom of the employment scale where only a rudimentary grasp of local language is required, and also some at the very top in multinationals where English is still the business language.

    Very little in between - unless they're fluent in another language.
    “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”
  • HAMISH_MCTAVISH
    HAMISH_MCTAVISH Posts: 28,592 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    There are plenty wheeled out on the telly, close to 50 and above, who have said they're not even getting interviews even though they've applied for '00s of jobs.

    If you can stay in your job as you get older, you're fine ... but if you lose it you can rarely get anything like what you used to do.... or anything at all..

    PN your view of life is very different to the reality many people experience.

    I know a lot of people who have job hopped in their 50's and 60's and have no trouble finding work at their previous level.
    “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”
  • HAMISH_MCTAVISH
    HAMISH_MCTAVISH Posts: 28,592 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    ruperts wrote: »
    I don't think it's an exaggeration to say that many brits will be considering leaving the country to earn a proper currency. Most professionals have those opportunities and many take them even when the pound is strong. Now those jobs pay 20% more than they did a few months ago it'll be all the more tempting, and certainly is in my case. .

    Ours too.

    We worked overseas for a long time and came back over a decade ago.

    Haven't seriously considered going back abroad until now - but the current swing in FX does make it significantly more tempting...
    “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”
  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    mrginge wrote: »
    Another risk of brexit is that the EU will invade us using their death rays.

    The EU will never come to an agreement on the strength of the ray nor whether it should be straight or curved. Go the way of TTIP.
  • AG47
    AG47 Posts: 1,618 Forumite
    ruperts wrote: »
    I don't think it's an exaggeration to say that many brits will be considering leaving the country to earn a proper currency. Most professionals have those opportunities and many take them even when the pound is strong. Now those jobs pay 20% more than they did a few months ago it'll be all the more tempting, and certainly is in my case.

    High property prices are here to stay so if you're a young professional who can't get on the property ladder in the U.K. and have opportunities to earn a comparatively mammoth salary abroad I think it'll be more tempting than ever before. The result will be a generational brain drain and the poor old baby boomers will have nobody but unskilled immigrants left to pay their final salary pensions and health care costs. For them it's a case of you reap what you sow. For the younger professionals it's a shame their own country couldn't look after them, but they're a globalised generation anyway so they'll be fine out there in the modern world.

    Good post.
    Nothing has been fixed since 2008, it was just pushed into the future
  • LHW99
    LHW99 Posts: 5,260 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    The result will be a generational brain drain

    There was one of those in the 1960's / 70's, the UK didn't go down the pan, its unlikely to now.
    I know a lot of people who have job hopped in their 50's and 60's and have no trouble finding work at their previous level.

    And I know some who have gone out and started their own business at a similar age.
    So-called Boomers are no different from any other group - some want to give up working early, for good reasons or other, some plan to work to SPA or close, and some don't intend to stop working until they are forced to.
  • AG47
    AG47 Posts: 1,618 Forumite
    Ours too.

    We worked overseas for a long time and came back over a decade ago.

    Haven't seriously considered going back abroad until now - but the current swing in FX does make it significantly more tempting...

    If the pound continues this decline, then many more will be leaving our shores.

    There will be a huge crash in property prices, larger than would have happened naturally.
    Nothing has been fixed since 2008, it was just pushed into the future
  • cells
    cells Posts: 5,246 Forumite
    There is unlikely to be a noticeable change. For instance the price of London property has pretty much doubled over the last 5 years. If we had left the EU 5 years ago maybe instead of going up 100% it might have gone up 60% of course we would no know better and proclaim brexit was fantastic look even property prices are up 60%...

    I think the same is going to be true going forward. 10 years from now prices are likely to be up but less than they otherwise would be
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