Brexit, the economy and house prices (Part 3)

Moby

Sapphire wrote: »

'Although I seem to recall that Frau Merkel was one of those who stated that 'Britain must be punished', which wouldn't bode well for negotiating with her. And isn't she the one who has been issuing political dictats to continental European nations all along?'



No – I do not. It is quite clear, and on record, that she did both things, and her compatriot, Schultz, certainly also did use such rhetoric. It's two of the things that have antagonised so many in this country (and I would imagine in continental European countries as well). Don't try to change facts to suit your own reality and aims.

Do you have evidence for your 'facts'?

Sapphire

PaulW1965 wrote: »

To all those who want a second referendum so we can Remain in the UK - answer one question for me.

With immigration at a million people plus every year where is everyone going to live?

That is three cities the size of Newcastle. How on earth do you find that acceptable? Don't you care that your kids won't be able to buy a house ever? Don't you care that we will living three generstions to a house like people in their 1930s? Are you nuts?

I would thank you many more times if I could. It seems that some simply have no idea how people once lived in this country. There have been times when conditions were so cramped that people were literally living and dying on the streets. It's future generations that will suffer the most, I fear – and the more so the longer it is left before we reduce immigration drastically. We are only a small island – there are plenty of other, much bigger and emptier countries in continental Europe where people can settle. :cool:

andrewf75

Carl31 wrote: »

one of my favourite wines is from New Zealand. they're not in the EU, i can still buy their products.

I'm not sure why theres this fear that leaving the EU means we cant sell to it? it might be on different terms, but it wont be something we cant do

maybe theres a small section of food in the supermarket as people dont buy our things anyway? if thats the case, leaving the EU wont make a lot of difference

No-one says we can't trade with anyone, obviously we can.

Any fears relate to the ease and cost of trade. There are of course some things which might be easier and cheaper to trade after brexit and others which will be more expensive and harder. I think anyone without blind prejudice to one side can see that there will be pros and cons. Pros: we can do individual trade deals. Cons: trade with our largest partner becomes more difficult. Those are the most obvious ones.

Its pretty complicated, but you could at least start by understanding what people are actually saying! No-one is claiming we will be prevented from doing anything, but in a globalised world some companies might choose to do business elsewhere if one country puts up barriers.

mrginge

andrewf75 wrote: »

...but in a globalised world some companies might choose to do business elsewhere if one country puts up barriers.

Swap 'some' for 'British' and 'one country' for 'the EU'.

kabayiri

I don't doubt that weaker businesses will be washed out by Brexit.

The same usually happens when a recession comes around.

This allows the stronger, leaner, businesses to move in and take the space.

Herzlos

PaulW1965 wrote: »

To all those who want a second referendum so we can Remain in the UK - answer one question for me.

With immigration at a million people plus every year where is everyone going to live?

That is three cities the size of Newcastle. How on earth do you find that acceptable? Don't you care that your kids won't be able to buy a house ever? Don't you care that we will living three generstions to a house like people in their 1930s? Are you nuts?

... we could actually build some houses for a change?

Or do you want your children to retire at 95 because there aren't enoughworking age people to retire at 70?

Herzlos

kabayiri wrote: »

I don't doubt that weaker businesses will be washed out by Brexit.

The same usually happens when a recession comes around.

This allows the stronger, leaner, businesses to move in and take the space.

It'd be best if we could avoid the recession though?

kabayiri

Herzlos wrote: »

... we could actually build some houses for a change?

Or do you want your children to retire at 95 because there aren't enoughworking age people to retire at 70?

Are you saying you prioritize retirement incomes for some over living conditions for the next generation?

It was twenty years ago when Prescott made a promise to build a target number of new homes. 3 years later....target failed, and it's been pretty much the case ever since.

So why do you think this year it will be different?

Conrad

CKhalvashi wrote: »

Many companies will find out that as that money dries up their margins are going to struggle significantly, however it will have kept some of those that will hit the wall in business for significantly longer than would have been the case otherwise.

I don't know many businesses (especially dealing with long term contracts in foreign countries) in the UK that have a margin of the size needed to maintain profitability, so we need to brace for costs to rise IMO.

Once again you imply your intelligence is better than that possessed by participants in the FTSE250 and 100.

Conrad

andrewf75 wrote: »

Cons: trade with our largest partner becomes more difficult. Those are the most obvious ones.

FACT - companies deal with all manner of cost rises and impingement on business all the time.
Examples include ever present currency swings, cost rises, regulations, interest rates (far higher in past) etc


FACT - the NET effect of currency at IMF's fair value level has made our exports more competitive


CONCLUSION - a modest alteration to the UK-EU trade deal will likely be far less significant than other costs and challenges biz faces all the time.