Debate House Prices


In order to help keep the Forum a useful, safe and friendly place for our users, discussions around non MoneySaving matters are no longer permitted. This includes wider debates about general house prices, the economy and politics. As a result, we have taken the decision to keep this board permanently closed, but it remains viewable for users who may find some useful information in it. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

Brexit, the economy and house prices (Part 3)

12223252728300

Comments

  • NineDeuce
    NineDeuce Posts: 997 Forumite
    Tromking wrote: »
    A welcome drop in cheap foreign labour IMO. The MSM anti-Brexit bias was clearly evident in the way this was reported yesterday I thought. Here's hoping this relieves the downward pressure on wages and eases the crisis in some of our vital public services.

    Always good to dream isnt it, especially when if you bothered to look at statistics they will tell you that immigration has not driven down wages. I know you will continue to tell yourself otherwise....
  • Tromking
    Tromking Posts: 2,691 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    The Brexit vote was always going to influence decisions people make like where they choose to work and settle, the was the whole idea behind why some of us voted out. I'm not personally surprised that even before we've left EU citizens are making different choices.
    This isn't about where people feel welcome, this is the British people saying thank you, but we've chosen a different way. Time will tell on the social and economic impact of that decision.
    I personally wasn't impacted by unfettered EU immigration myself as my in my job foreign nationals are generally precluded from joining up, although as a Prison Officer I do sometimes wonder how my working day would be positively effected if the 10% plus of prisoner's that are foreign nationals were greatly reduced.
    Democratic votes change things, that's how it should be.
    “Britain- A friend to all, beholden to none”. 🇬🇧
  • Tromking
    Tromking Posts: 2,691 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    NineDeuce wrote: »
    Always good to dream isnt it, especially when if you bothered to look at statistics they will tell you that immigration has not driven down wages. I know you will continue to tell yourself otherwise....

    I guess that theory is about to tested over the next few years.
    “Britain- A friend to all, beholden to none”. 🇬🇧
  • NineDeuce
    NineDeuce Posts: 997 Forumite
    edited 25 August 2017 at 9:53AM
    Tromking wrote: »
    I guess that theory is about to tested over the next few years.

    Its not a theory. It's just truth. In some sectors of higher immigration, such as care, wages have stagnated, but then they have in plenty of other low paid sectors also. When were basic retail jobs, for example, ever paid higher than the minimum wage?

    The minimum wage was always the driving force behind low wages, not numbers of people. Unemployment has not been lower. Immigration has just added more jobs, growth and contribution to the public purse.

    On the other hand, many manual labour firms are crying out for workers, contrary to the Brexiteer's fairy stores. Even before the vote, this was well publicised.

    Not theory... just economic fact.

    But this wasnt the issue. Leavers thought it was, then when they were told they were wrong, they just carried on believing the fairy stories and looked for other trivial reasons to feel justified....
  • Tromking wrote: »
    The Brexit vote was always going to influence decisions people make like where they choose to work and settle, the was the whole idea behind why some of us voted out. I'm not personally surprised that even before we've left EU citizens are making different choices.
    This isn't about where people feel welcome, this is the British people saying thank you, but we've chosen a different way. Time will tell on the social and economic impact of that decision.
    I personally wasn't impacted by unfettered EU immigration myself as my in my job foreign nationals are generally precluded from joining up, although as a Prison Officer I do sometimes wonder how my working day would be positively effected if the 10% plus of prisoner's that are foreign nationals were greatly reduced.
    Democratic votes change things, that's how it should be.

    It's not saying "thanks but we've chosen a different way", if it were we wouldn't have seen such a disgusting rise in hate crimes after the referendum:
    'Record hate crimes' after EU referendum
    that's before we to what immigrants perceive the message to be, which regardless of your intent their perception is what gets acted on, and has consequences for the country too.
    'I don't feel welcome anymore': EU citizens explain why they are leaving the UK in their thousands
  • Matt_L
    Matt_L Posts: 1,459 Forumite
    Sixth Anniversary 1,000 Posts Name Dropper Photogenic
    NineDeuce wrote: »
    Always good to dream isnt it, especially when if you bothered to look at statistics they will tell you that immigration has not driven down wages. I know you will continue to tell yourself otherwise....

    Sorry but i personally have friends that deliberately choose to keep their employees wages lower than they would be because they have an inexhaustible supply of cheap foreign labour, their words...
    "I want to die peacefully in my sleep like my grandfather, not screaming in terror like his passengers."
  • Seabee42
    Seabee42 Posts: 448 Forumite
    Ignoring brexit for the moment. Supposedly one of the draws was this country was doing well when Europe wasn't. Since Europe has also joined the money printing their economies have also picked up so I suspect some of the change is better opportunities at home.


    Immigration from outside the EU is largely unchanged and very high which is government policy.


    I also laugh at the student discussion going on whether they should be included or not and clearly if they do return to the country of origin after their course they will have no net effect on immigration numbers over the longer term so I do not understand why there is so much argument to take the students out of the numbers.
  • Seabee42 wrote: »
    Ignoring brexit for the moment. Supposedly one of the draws was this country was doing well when Europe wasn't. Since Europe has also joined the money printing their economies have also picked up so I suspect some of the change is better opportunities at home.

    They certainly shouldn't be fearing for their jobs with all the noise about the fact that we do need immigrant labour, so I'm assuming you're referring to the exchange rate making their sterling earnings worth less? Leavers here have been keen to point out that Sterling has been this low compared to the Euro before... so it shouldn't be making much difference in the short term, should it?
    Seabee42 wrote: »
    I also laugh at the student discussion going on whether they should be included or not and clearly if they do return to the country of origin after their course they will have no net effect on immigration numbers over the longer term so I do not understand why there is so much argument to take the students out of the numbers.
    Because like the vast majority of the immigration debate, it's nothing to do with costs/overstaying/public services or anything other than a lot of people don't like non-whites/non-English speakers.
  • Tromking
    Tromking Posts: 2,691 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    edited 25 August 2017 at 11:35AM
    Matt_L wrote: »
    Sorry but i personally have friends that deliberately choose to keep their employees wages lower than they would be because they have an inexhaustible supply of cheap foreign labour, their words...

    .....and witness employer representative groups bleating about the imminent labour shortage. In other words..."OMG! we might have pay to people more!".
    The people voted for a change, its happening.
    “Britain- A friend to all, beholden to none”. 🇬🇧
  • NineDeuce
    NineDeuce Posts: 997 Forumite
    Matt_L wrote: »
    Sorry but i personally have friends that deliberately choose to keep their employees wages lower than they would be because they have an inexhaustible supply of cheap foreign labour, their words...

    It's funny how all leavers have got a friend or in your case, friends like this isnt it ? Not their words I am afraid, just yours....
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 351.3K Banking & Borrowing
  • 253.2K Reduce Debt & Boost Income
  • 453.8K Spending & Discounts
  • 244.3K Work, Benefits & Business
  • 599.5K Mortgages, Homes & Bills
  • 177.1K Life & Family
  • 257.8K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.2K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.