Brexit, The Economy and House Prices (Part 2)

Thrugelmir

gfplux wrote: »

I mentioned Amazon in my post about 3D printing.

Amazon shift boxes from vast industrial sized warehouse centres. As basic as it gets as a business. One suspects they themselves will become obsolete.

Thrugelmir

gfplux wrote: »

It has not been as low since October 2009 when it came close to parity with the euro."

Why's it a big deal now then. Currencies fluctuate. A terrific boost to the Northern Ireland economy and as a consequence the Treasury's coffers.

always_sunny

gfplux wrote: »

Sterling slipped close to €1.08 as it continued a recent slide which has taken it beyond previous post-referendum lows.
It has not been as low since October 2009 when it came close to parity with the euro."

What's with all this pessimism?
It's great for Europeans to buy properties here, even the additional SDLT is at a discount now and it deters people wanting to come here cause benefits are getting lower!
Beside, it's 10 eurocent too high still...

Thrugelmir

CKhalvashi wrote: »

:rotfl::rotfl::rotfl:

Better laugh is here though. Sounds a bit like a few on here :D:D

Sounds like the Facebook generation. Nothing better to do than post tripe. Nothing to do with Brexit either..

mayonnaise

CKhalvashi wrote: »

:rotfl::rotfl::rotfl:

Better laugh is here though. Sounds a bit like a few on here :D:D

It's all a good laugh and an interesting look into the mind of a Brexiteer, but on a serious note....How did it come to this? Is it our failing education system?

qwert_yuiop

On the other hand, what a superb property deal she's made in terms of pounds. Very smart, if only by accident.

Thrugelmir

qwert_yuiop wrote: »

On the other hand, what a superb property deal she's made in terms of pounds. Very smart, if only by accident.

We've friends that have been trying to sell their French apartment for 3 years.............

qwert_yuiop

Optimist wrote: »

She also is a Jean Monnet . .

It's not about the monet, monet, monet.

qwert_yuiop

Thrugelmir wrote: »

We've friends that have been trying to sell their French apartment for 3 years.............

Drop the price and still be quids in.

Thrugelmir

qwert_yuiop wrote: »

Drop the price and still be quids in.

Little to no interest. As there's plenty of building going on therefore no shortage of supply. Maintaining a property over there isn't cheap either. It generates some rental income but far from enough to pay all the costs. Which results in them subsidising it. They did live out there for 9 years but returned home permanently.