Debate House Prices


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Brexit, the economy and house prices part 5

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Comments

  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
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    StevieJ wrote: »
    Majority in Commons for Full customs union, looks like that is the way it is heading then?

    Not if the EU doesn't accept the proposals in full. Not a 'pic' and 'mix'.
  • Ballard
    Ballard Posts: 2,983 Forumite
    Tenth Anniversary 1,000 Posts Name Dropper Combo Breaker
    edited 16 July 2018 at 5:19PM
    Rinoa wrote: »
    You're saying we could lose access to the EU but EU manufacturers will simply be able to put their prices up?

    I really don't know where you remainers get these ideas from.

    No Im not. It!!!8217;s very simple. Companies will move if it works out cheaper for them to be located in a different territory. They may save time at borders and money due to additional taxes. That does not mean that they are unable to sell across the border. It just means that it might be more expensive for them to do so.

    Champagne, for example, will continue to be available for U.K. consumers but there might be a rise in price.

    I really don!!!8217;t know why you leavers can!!!8217;t grasp such a simple subject

    Edit: I see that my original post wasnt clear. I meant that U.K. companies could lose tariff-free access to the EU. My mistake.
  • Ballard
    Ballard Posts: 2,983 Forumite
    Tenth Anniversary 1,000 Posts Name Dropper Combo Breaker
    kabayiri wrote: »
    It's back to my point about speaking on behalf of others, be it Farage (as you point out) or O Brien./QUOTE]

    Okay. Your post only mentions ‘liberal elite’ so I was assuming that you were excluding Leavers from that portion of the population.
  • Ballard
    Ballard Posts: 2,983 Forumite
    Tenth Anniversary 1,000 Posts Name Dropper Combo Breaker
    Thrugelmir wrote: »
    Commercial suicide. Alternatively they don't export via the EU. After all we are talking about the multinationals in this regard.

    So you think that if there are additional fees for a company based in the EU to sell to us they will just lose part of their profit margin? Perhaps you’re right. We shall just have to wait and see.
  • mrginge
    mrginge Posts: 4,843 Forumite
    Ballard wrote: »
    So you think that if there are additional fees for a company based in the EU to sell to us they will just lose part of their profit margin? Perhaps you’re right. We shall just have to wait and see.

    Clearly the answer is for us to slash corporation tax then?
    Get a few of those multinationals opportunity to offset their reduced profit margins.

    Then we can have a ‘jobs first’ Brexit.
  • Rinoa
    Rinoa Posts: 2,701 Forumite
    Ballard wrote: »
    No Im not. It!!!8217;s very simple. Companies will move if it works out cheaper for them to be located in a different territory. They may save time at borders and money due to additional taxes. That does not mean that they are unable to sell across the border. It just means that it might be more expensive for them to do so.

    Champagne, for example, will continue to be available for U.K. consumers but there might be a rise in price.

    I really don!!!8217;t know why you leavers can!!!8217;t grasp such a simple subject

    Edit: I see that my original post wasnt clear. I meant that U.K. companies could lose tariff-free access to the EU. My mistake.

    Do you believe EU exports to us will be the same after a Brexit 'no deal.', or will they be fewer?
    If I don't reply to your post,
    you're probably on my ignore list.
  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
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    Ballard wrote: »
    So you think that if there are additional fees for a company based in the EU to sell to us they will just lose part of their profit margin? Perhaps you’re right. We shall just have to wait and see.

    Where is the product actually manufactured would be my question. The EU is now 70% services and 30% manufacturing. Same issues as the UK with Asia now beginning to take a larger and larger share of manufacturing output. Joint ventures abound.
  • Ballard
    Ballard Posts: 2,983 Forumite
    Tenth Anniversary 1,000 Posts Name Dropper Combo Breaker
    Rinoa wrote: »
    Do you believe EU exports to us will be the same after a Brexit 'no deal.', or will they be fewer?

    I have absolutely no idea. More to the point, no one knows.
  • Ballard
    Ballard Posts: 2,983 Forumite
    Tenth Anniversary 1,000 Posts Name Dropper Combo Breaker
    mrginge wrote: »
    Clearly the answer is for us to slash corporation tax then?
    Get a few of those multinationals opportunity to offset their reduced profit margins.

    Then we can have a ‘jobs first’ Brexit.

    So rather than the consumer paying extra, the country will collect less tax. I wonder how the chancellor will get that money back.
  • mrginge
    mrginge Posts: 4,843 Forumite
    Ballard wrote: »
    So rather than the consumer paying extra, the country will collect less tax. I wonder how the chancellor will get that money back.

    Income tax matey. Remember it’s jobs first (c/o jezza).
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