Debate House Prices


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Comments

  • economic
    economic Posts: 3,002 Forumite
    Thrugelmir wrote: »
    Go for shorter breaks. ;)

    silly answer
  • Sapphire
    Sapphire Posts: 4,269 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Debt-free and Proud!
    Holiday in Britain – or outside continental Europe. There are many lovely places to visit…
  • stator
    stator Posts: 7,441 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    Or just stay at home and enjoy not having to work.
    I can't stand the idea of hurrying around and wasting your holiday with trips.
    I'd rather just have two weeks worth of lazy sundays
    Changing the world, one sarcastic comment at a time.
  • always_sunny
    always_sunny Posts: 8,314 Forumite
    vivatifosi wrote: »
    What is your rationale for that sweeping statement?

    For what? That a lower £ will help manufacturing? That's the direction.
    Either it's cost or quality.
    EU expat working in London
  • vivatifosi
    vivatifosi Posts: 18,746 Forumite
    Part of the Furniture 10,000 Posts Mortgage-free Glee! PPI Party Pooper
    always_sunny wrote: »
    For what? That a lower £ will help manufacturing? That's the direction.
    Either it's cost or quality.


    Stop fudging the issue. You are the one who mentioned wages being on a par with China, Romania and Bulgaria. We all know that the pound has fallen against the euro. There's a big jump between that and being on a par with China or Romania.

    You keep making such statements without backing them up. So again, what's your evidence?
    Please stay safe in the sun and learn the A-E of melanoma: A = asymmetry, B = irregular borders, C= different colours, D= diameter, larger than 6mm, E = evolving, is your mole changing? Most moles are not cancerous, any doubts, please check next time you visit your GP.
  • StevieJ
    StevieJ Posts: 20,174 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    Thrugelmir wrote: »
    Go for shorter breaks. ;)

    'Let them eat cake' :-)
    'Just think for a moment what a prospect that is. A single market without barriers visible or invisible giving you direct and unhindered access to the purchasing power of over 300 million of the worlds wealthiest and most prosperous people' Margaret Thatcher
  • Malthusian
    Malthusian Posts: 11,055 Forumite
    Tenth Anniversary 10,000 Posts Name Dropper Photogenic
    venison wrote: »
    ....Before £1 = 1euro?

    About minus one year, if you went to the right airport bureau de change.
  • westernpromise
    westernpromise Posts: 4,833 Forumite
    A falling £ will incentivise your canonical Polish plumber to leave, as the cash he is earning doesn't buy what it used to buy back home.
  • always_sunny
    always_sunny Posts: 8,314 Forumite
    vivatifosi wrote: »
    Stop fudging the issue. You are the one who mentioned wages being on a par with China, Romania and Bulgaria. We all know that the pound has fallen against the euro. There's a big jump between that and being on a par with China or Romania.

    You keep making such statements without backing them up. So again, what's your evidence?

    I mentioned that with the pound falling, wages in the UK will be more competitive (in FX currency) so that the UK can compete with the likes of China or Romania.
    always_sunny wrote: »
    Absolutely, best chance for the UK really.
    Once wages are as competitive as Bulgaria, Romania, China then it stands a chance.

    If you need evidence, look at the exchange rate! Not everything is calculated in GBP!
    EU expat working in London
  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    westernpromise wrote: »
    A falling £ will incentivise your canonical Polish plumber to leave, as the cash he is earning doesn't buy what it used to buy back home.

    Still earns more by working in the UK. Accrues a better pension. Enjoys better welfare benefits. For family people the decision may be more difficult.

    As has been the case many times before. Exchange rates will move in the other direction. Might be better to simply hold £ for the time being.
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