Brexit, The Economy and House Prices (Part 2)

Rinoa

Interesting trade talks between Japan and EU.

Virtually tariff free trade apparently. It all looks so easy.

http://the-japan-news.com/news/article/0003782908

cogito

ilovehouses wrote: »

The age profiles are quite marked and there's a good correlation between age and voting preference. Someone already in receipt of a state pension was almost twice as likely to vote leave than a 25 year old.

The over '65's can do nothing about the 25 year old's pension. Young people are going to have to find a solution to keep paying the pensions of the already retired as well as worry about their own.

It has always been the case that the young have paid for the pensions of the retired just as recipients of the state pension have paid for it themselves out of their National Insurance contributions.

If you want to argue that the young should not pay for the pensions of the elderly, you might find the elderly arguing that they should not have to pay for the education of the young. The elderly still pay taxes, you know.

A_Medium_Size_Jock

Elections took place yesterday in another prospective new EU member, Albania.

Albanians voted in what was expected to be low numbers Sunday in a general election that was aimed at giving the country’s two biggest political parties a chance to look past their bitter differences and work toward eventually joining the European Union.

https://www.washingtonpost.com/world/europe/albania-votes-in-election-seen-as-key-toward-eu/2017/06/25/f4672464-5965-11e7-840b-512026319da7_story.html?utm_term=.7c860792a58f

The question really following Brexit is will current EU members be prepared to pay more in order to support new, weaker potential member countries?

A_Medium_Size_Jock

There was some discussion here the other day regarding France's reluctance to allow another "Jungle"-type situation in Calais, with some suspecting that comments could perhaps be construed as referring to the UK's need to do more to cambat the problem.

Well if that were true, why is Calais doing all it can to encourage a return for UK tourism?

About 1,000 Britons are enjoying an expenses-paid trip to Calais on Saturday as the French port town beleaguered by migrants struggles to revive tourism.

http://www.telegraph.co.uk/news/2017/06/24/red-phone-boxes-union-flags-1000-britons-given-free-trip-migrant/

Herzlos

A_Medium_Size_Jock wrote: »

David Davis on today's Marr Show says he is "pretty sure" of a free trade deal - and reaffirms that the UK is prepared to walk away:

http://www.bbc.co.uk/news/uk-politics-40397312

He didn't sound very convinced. Sounded like he thinks they've got to be prepared to walk away to get a good deal, and that he's hoping we won't. But he's gone from us being guaranteed a good deal, to being "pretty sure" we'll get a good deal.

Herzlos

Thrugelmir wrote: »

How do you move a farm?

Sell the land to a property developer, sell the stuff you don't want to take with you at a farm auction, buy new farm, move stuff, start over.

If farmers can't afford to keep running (because of the squeezed margins), then they aren't going to have much choice but to sell up. To be honest, with the asset wealth of farmers I wouldn't blame any of them for selling up and retiring in luxury rather than toiling into old age.

Herzlos

gfplux wrote: »

I agree,
Although not sure what you mean in your last paragraph.

I just mean that in order to get local people to work on farms you need to (a) make it pay better than McDonalds, and you need to get rid of this stigma about manual labour being something to look down upon.

In Britain Unemployed people and those on other support have difficulty working in temporary or seasonal jobs.
I am told (could be filthy lies) that if you take a temporary/seasonal job your benefits stop as they should BUT anecdotal evidence suggest and frightens people that when the job finishes you have to apply all over again for the benefits you were receiving before.
Would that matter to me or many posters here, we have money in the Bank that will get us through the one, two, three or four weeks before, if ever your benefits come through.
If this is true, then that is something that needs changing.

That's my understanding too. There really should be some allowance for temporary work (such as a suspension of benefits for the duration of the job). Plus the unemployed may not be particularly local to the work, and may not be able to move to the work for the season (since it'd likely mean paying 2 rents).

There's probably a lot of people working on seasonal farming jobs cash-in-hand and staying in dorms because it's the only way it makes any economic sense.

CKhalvashi

ilovehouses wrote: »

During our time in the EU I've never noticed a particular groundswell of support by people or government for tariffs to be reduced.

I think pro-leave voters latched on to the idea latterly as it gave them a stick to beat the EU with whilst signalling their high concern for others.

So, maybe Jock can confirm (after he's apologised for what he said at the end of April (click here) and admitted I was right, which to the best of my knowledge he still hasn't done, despite being reminded several times) how long he's held these views.

I believe it was around the time of the referendum, as a way to counter the Leave voters who are racist (although admittedly Jock isn't), however IMO for the reasons highlighted by yourself it may be false concern to prove a point.

gfplux wrote: »

I do not agree. Yes a large number of pensioners voted leave (not me) but also many voted stay.
The vote was "won" by so many of the 35 to 55 voting leave.
They are in jobs and are working and looking forward to retirement.
That pension time bomb will come early unless there are lots of young fit people working and paying in to the system.

Not quite 35, however I've gone from hoping to go around 50-55 to not knowing when I'll be doing anything yet, or indeed where I'll be.

Around here, several people in their 40s are now starting to worry about what they've done, including two people I've spoken to who work for Ryanair and therefore were told of the implications long before the referendum. It's too late to suddenly realise what the single market does for us though unfortunately.

gfplux

Thrugelmir wrote: »

How do you move a farm?

It's not my business or area of expertise but a farm is now all about mechanisation with huge (dismantable) green houses, huge tractors and harvesting machines. All very moveble by low loaders accross the channel
That's how you move a farm. BEFORE Britain has to bring in protectionist measures to stop it. That's why it will happen soon.
The land is a non movable asset you could hold for the long term.


Thi

mayonnaise

CKhalvashi wrote: »

So, maybe Jock can confirm (after he's apologised for what he said at the end of April (click here) and admitted I was right, which to the best of my knowledge he still hasn't done, despite being reminded several times) how long he's held these views.

Thanks CK, you have given me the biggest LOL I've had in a long, long time. :rotfl: :rotfl::rotfl:

A_Medium_Size_Jock wrote:

I see our usual suspect above suggests a hung parliament!
Thanks, CK - you have given me the biggest LOL I've had in a long, long time.