Brexit, the economy and house prices (Part 3)

Theophile

setmefree2 wrote: »

https://www.economist.com/news/britain/21728969-net-migration-eight-eastern-european-countries-has-drawn-almost-halt-beginning

Thriving economies attract migration, declining ones don't. It was ever thus.
Good luck to them I say.

setmefree2

London house prices record biggest fall since 2008 - RICS

LONDON (Reuters) - House prices in central London fell at their sharpest pace since 2008 in August, intensifying the slowdown in the capital’s housing market, but prices went up in other regions of Britain, a survey showed on Thursday.

https://uk.reuters.com/article/uk-britain-houseprices-rics/london-house-prices-record-biggest-fall-since-2008-rics-idUKKCN1BO2X0

While central London is the only area where prices are expected to decline over the next 12 months, the national three-month price expectation balance remained slightly negative in the South East as well.
"Although there are some signs that the wider South East is also losing some momentum, anecdotal evidence suggests the impact is very location specific," said RICS chief economist Simon Rubinsohn.

http://www.ibtimes.co.uk/london-house-prices-fall-fastest-pace-since-2008-slowdown-continues-1639339

Rinoa

Love it. Quote from Swedish MEP

Peter Lundgren, of the Swedish Democrats, claimed Britain had contributed enough to the EU’s coffers and should be seeking reimbursement from Brussels as the country leaves their political project.
British negotiators have outright refused to give in to demands from the EU for the so-called Brexit bill, which is mooted to be around €75 billion (£66bn), during the frosty talks with Michel Barnier.
Mr Barnier, the EU Commission’s chief Brexit negotiator, has said Britain will not be able to begin to discuss its future relationship with the bloc until the terms of its exit are agreed.
Speaking to Express.co.uk, In Strasbourg, after Jean-Claude Juncker’s State of the Union address to the European Parliament, Mr Lundgren was keen to address the divorce bill, insisting not all member states are supportive of it.
The Swede said: “When you have a marriage and you buy a house together, you invest in that house, you and your wife, for many years.
“Suddenly, you decide to break up and then the one who leaves the house should pay to the one who keeps the house, all the value and all the assets – it’s ridiculous of them to claim this kind of money!
“In my perspective, it should be the other way around. It should be the EU who pays the UK for leaving right now.”
Mr Lundgren refused to put a figure on what he believed the UK are owed by Brussels, but insisted it was “totally ridiculous” to attempt to charge Britain.

We have many friends in Europe.

Private_Church

Rinoa wrote: »

Love it. Quote from Swedish MEP

We have many friends in Europe.

We do indeed.Its only the EU elites and the Liberals who don't like us. The everyday German,Belgian and Croatian like the Brits as a nation.

The Liberal press in this country constantly put this country down and I take everything the Guardian and their ilk print with a huge pinch of salt and would rather listen to first hand views from the Europeans I know. Its made my day reading all the links form the Guardian newspaper as though they are factual.

The only factual part of the paper is the Travel section.................:D

lisyloo

gfplux wrote: »

Yes avoiding March and April 2019 or in fact all of 2019 sounds a good plan. If there are no problems we will all hear about it and if there are then a few months to sort it out should work.

I think most people would consider you are paranoid to put off travelling for a whole year. It's very bad publicity for tourism so things will get sorted pretty quickly.


People travel to place every day knowing their journeys won't be great (like London commuters). If there is a sufficient motivation to do the journey then we just prepare ourselves for it.


I've travelled through US airports before where I knew immigration was bad. Didn't put me off going just meant I allowed more time.

A_Medium_Size_Jock

This from Hammond today on the reciprocation of citizen's rights:

“Our desire and intention is that people who have come to the UK to work and make their lives in the UK should be able to continue to live there, carry on their lives exactly as before. That is our clear and stated intention,” he said.
Hammond added however that British nationals who have moved to EU countries should be allowed to do the same.

http://uk.reuters.com/article/uk-britain-brexit-easteurope/hammond-says-uk-very-close-to-deal-on-eu-citizens-rights-idUKKCN1BP28U

Herzlos

Conrad wrote: »

But, but a pint of milk is up £0.15 pence, we've never ever had price rises before, how will we cope............


We consume too many calories anyway, so cut the amount you buy by 3%

I do love your "eat less" approach to dealing with food getting more expensive. Like it's a viable or desirable option.

On flying; getting into the US is awful these days. Europe a doddle.
I don't visit the US unless I have to, but I'm in Europe several times a year.

Zero_Gravitas

If Brexit is going to be the spectacular success that the Brexit lemmings claim it is going to be, then I can't understand why members of the Conservative party aren't lining up to challenge their leader so they can be PM during our glorious departure and resultant golden age...

Perhaps they actually know what an unmitigated disaster it is actually going to be, and would prefer to have somebody carry the can...

System

I wonder why Hammond is briefing on this instead of Davis. Maybe it's a good cop bad cop strategy.

Davis must be feeling a little insecure. His boss is having to intervene because he's got nowhere in negotiations, a select committee is going to investigate the lack of progress and now Hammond is providing updates on his progress.

A_Medium_Size_Jock

ilovehouses wrote: »

I wonder why Hammond is briefing on this instead of Davis. Maybe it's a good cop bad cop strategy.

Davis must be feeling a little insecure. His boss is having to intervene because he's got nowhere in negotiations, a select committee is going to investigate the lack of progress and now Hammond is providing updates on his progress.

Funny how you perceive non-existent insecurities rather than question why the Chancellor was "meeting ministers of the Visegrad Group of eastern states."
:whistle:

So just to enlighten you:
https://www.gov.uk/government/speeches/chancellors-statement-at-the-visegrad-4-summit