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Brexit, The Economy and House Prices (Part 2)

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Comments

  • Yes, we can see that on the UK already; currency is weaker than before and service jobs are getting relocated.
    Currency is weaker than before what?
    Are you referring to the Pound since Brexit, in which case you're ignoring the benefits to concentrate your opinions on the downsides only?

    Evidence of "service jobs getting relocated" please?
    I've already provided evidence that so far no banking jobs have moved from the UK in any significant numbers; also all official indications are that UK employment is at a record high.
    So even if these service jobs have already relocated (which will remain in doubt until you provide proof) it has certainly not affected the number in work, has it?

    February 2017:
    Employment hits record high as UK firms keep on hiring
    http://www.telegraph.co.uk/business/2017/02/15/employment-hits-record-high-uk-firms-keep-hiring/

    July 2017:
    Employment has reached a new record high
    https://www.gov.uk/government/news/employment-has-reached-a-new-record-high
  • always_sunny
    always_sunny Posts: 8,314 Forumite
    kabayiri wrote: »

    I honestly think EU has got it wrong when it comes to agriculture and protection. If more people in Africa were able to earn a decent living there, fewer would make the risky journey to a frankly uncertain future in some dreary wet part of Europe.

    Do you think that's what the UK is going to do on day 2 of being unshackled?
    Completely liberalise farming, stop all subsidies and open the market for free trade to those abroad?
    The UK is a high cost country getting overpopulated so better for farmers to pack up and get building permissions instead.
    EU expat working in London
  • kabayiri
    kabayiri Posts: 22,740 Forumite
    Part of the Furniture 10,000 Posts
    Do you think that's what the UK is going to do on day 2 of being unshackled?
    ...

    Where did I mention the UK?

    I don't think the Common Agricultural Policy is the best part of the EU. You may disagree.

    That's fine. You don't have to.
  • BobQ
    BobQ Posts: 11,181 Forumite
    Ninth Anniversary 10,000 Posts Name Dropper Combo Breaker
    Reversed it? Our country went bankrupt 3 years after joining and had to go begging to the IMF for the largest loan in its history.

    Not that the two were related.
    Few people are capable of expressing with equanimity opinions which differ from the prejudices of their social environment. Most people are incapable of forming such opinions.
  • buglawton
    buglawton Posts: 9,246 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    kabayiri wrote: »
    You might have missed it, but there's a really good series on BBC2 at the moment, where they explore just what it takes to produce some of the food we take for granted.

    So...in an episode they have Typhoo in Liverpool, and how careful they are when choosing their blend, which has to be reassessed every day.

    Anyway, there's a part where they cut to Kenya, and we see a great discussion with the Kenyan farmer who is producing one set of leaves for Typhoo. The sense of pride and being part of something comes through.

    I honestly think EU has got it wrong when it comes to agriculture and protection. If more people in Africa were able to earn a decent living there, fewer would make the risky journey to a frankly uncertain future in some dreary wet part of Europe.
    Got it in one.
  • CKhalvashi
    CKhalvashi Posts: 12,134 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    phillw wrote: »
    I remember around that time someone drove his car to France on holiday and sold it while he was there. He reckoned he know lots of people who were selling their cars abroad too as they could make hundreds more. I have no idea why, but that would have also had an impact. The cars were supposedly then driven across eastern europe.

    Many ended up in Georgia, as a huge swathe of older RHD Mercs, BMWs etc seemed to enter the country at around that time to replace the 1980s Opel Vectras (they were sold as Vauxhall Cavalier in the UK).

    They were cheaper than a lot of the LHD equivalents as well as being much better maintained, plus the cost of credit in GE fell by about 7-8% for new loans and the country was largely isolated from world events.

    The ones that ended up as taxis have been replaced with largely 3-4 year old Toyotas (although one big company is buying 2-3 year old ex-German taxis) from Europe with the ones going for scrap being used as spare parts. The old Cavaliers/Astras (which were all seemingly fitted with the Isuzu 1.7 engine and imported during the 90s; many had the old flag on their license plates still) seem to have disappeared through re-export which is a shame, as while they were old and high on emissions they were mechanically bulletproof.
    💙💛 💔
  • kabayiri
    kabayiri Posts: 22,740 Forumite
    Part of the Furniture 10,000 Posts
    I was fascinated by the Irish PM speaking out today. I doubt anyone here has missed it, but just in case ..
    http://www.bbc.co.uk/news/uk-northern-ireland-40819687

    I think he is right to be concerned, but I wonder if he is able to really speak out freely.

    Eire could easily become the pawn in a power game between the EU and the UK.

    The issue of Irish borders could easily force either side to reveal their position and priorities when it comes to an arrangement supporting free trade and maybe movement.

    Is this a more thorny issue than the Brexit bill?
  • kabayiri
    kabayiri Posts: 22,740 Forumite
    Part of the Furniture 10,000 Posts
    I'd agree but I'll bet you a forum pound that the UK's import tariffs will be pretty much the same pre and post brexit.
    ...

    All we can do as voters is express a desire for change. It's not within our control to influence the execution.

    I think there's a stack of things I don't like about our consumption culture. Just as we need to find a better balance of work allocation within the UK, we need to find sustainable balances between continents and regions too.
  • always_sunny
    always_sunny Posts: 8,314 Forumite
    kabayiri wrote: »
    Where did I mention the UK?

    I don't think the Common Agricultural Policy is the best part of the EU. You may disagree.

    That's fine. You don't have to.

    I wasn't disagreeing, I was just asking since the ongoing common tune [du semaine] is that only the EU is protectionist but the UK seems to be in a different league.

    In the less than 2 years, the UK will be out of the EU and able to whatever they want, so what actions towards agriculture do you think the UK will take not to be as protectionist so that "more people in Africa were able to earn a decent living there"?

    The rhetoric seems to be that the UK cannot do the good thing because the EU doesn't allow it; fair enough I am not debating, I am just asking, once out what is the UK going to do different?

    I see [maybe you don't] hypocritical the constant finger pointing at the EU, when who's pointing the finger is doing the same thing.
    EU expat working in London
  • gfplux
    gfplux Posts: 4,985 Forumite
    Part of the Furniture 1,000 Posts Photogenic Hung up my suit!
    kabayiri wrote: »
    I understand you don't buy new, so maybe you haven't spotted the big changes in duty.
    http://www.thisismoney.co.uk/money/cars/article-4352428/The-22-new-cars-hardest-hit-car-tax-changes.html

    It was bound to have an impact. I think the changes will affect the second hand market too, in a few years.

    A very good point.
    Now a little off topic.
    Looking at the figures and the cars involved is there an underlying strategy or was it a ministers grandchild with a pin and a copy of whatcar that decided?
    There will be no Brexit dividend for Britain.
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