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
    Part of the Furniture 10,000 Posts Name Dropper Photogenic

    My father says they will drop as they will be more expensive for foreign investors, however I am not so sure.

    They've already fallen in London in recent months. With the dollar 15% higher than it's 52 week low. That's a sizable increase if you are looking to but an expensive property. Not just in cost but stamp duty etc.
  • gfplux
    gfplux Posts: 4,985 Forumite
    Part of the Furniture 1,000 Posts Photogenic Hung up my suit!
    I see the French are recruiting more customs officers for their border with Britain.
    Just like the announcement last week that Britain would do the same but use volunteers Dads Army style.
    https://www.reuters.com/article/uk-britain-eu-france/french-customs-to-hire-hundreds-of-extra-staff-to-cope-with-brexit-idUSKBN1FB28H?utm_source=POLITICO.EU&utm_campaign=0f59397ab5-EMAIL_CAMPAIGN_2018_01_23&utm_medium=email&utm_term=0_10959edeb5-0f59397ab5-190026745
    —-
    “PARIS (Reuters) - France will hire an extra 95 customs officers this year in a fast-track procedure to cope with the consequences of Brexit on its borders, officials said on Monday, bringing to 250 the number of additional British-focused staff recruited in 2018.”
    —-
    There will be no Brexit dividend for Britain.
  • gfplux
    gfplux Posts: 4,985 Forumite
    Part of the Furniture 1,000 Posts Photogenic Hung up my suit!
    Jaguar Land Rover are opening a research facility in Shannon ROI. 150 jobs.
    Would these jobs have been in Britain but for Brexit. You decide.
    http://www.telegraph.co.uk/business/2018/01/12/jaguar-land-rover-open-first-european-rd-centre-ireland/
    —-
    “aguar Land Rover plans to open its first European research and development base in Ireland in an attempt to tap into the country's growing tech sector.

    Britain’s biggest car maker is to recruit 150 engineers for a new team to work on software for autonomous and electrified cars.

    The move comes on top of JLR’s announcement in June that it needed to hire 5,000 engineers and technical staff - a major recruitment drive seen as a boost to the UK economy ahead of its departure from the European Union.”
    —-
    There will be no Brexit dividend for Britain.
  • Arklight
    Arklight Posts: 3,182 Forumite
    Ninth Anniversary 1,000 Posts
    gfplux wrote: »
    I see the French are recruiting more customs officers for their border with Britain.
    Just like the announcement last week that Britain would do the same but use volunteers Dads Army style.
    https://www.reuters.com/article/uk-britain-eu-france/french-customs-to-hire-hundreds-of-extra-staff-to-cope-with-brexit-idUSKBN1FB28H?utm_source=POLITICO.EU&utm_campaign=0f59397ab5-EMAIL_CAMPAIGN_2018_01_23&utm_medium=email&utm_term=0_10959edeb5-0f59397ab5-190026745
    —-
    “PARIS (Reuters) - France will hire an extra 95 customs officers this year in a fast-track procedure to cope with the consequences of Brexit on its borders, officials said on Monday, bringing to 250 the number of additional British-focused staff recruited in 2018.”
    —-
    Great. They get professionals and we get Daily Mail waving pensioners demanding to look in the boot in case there's a family of Somalians in there.

    Well they can do one if they stop me.
  • Arklight
    Arklight Posts: 3,182 Forumite
    Ninth Anniversary 1,000 Posts
    cogito wrote: »
    I've no idea what I would do but one thing I wouldn't do is expect another country to allow me to enter illegally. If they choose to put themselves at risk in order to get here, that's entirely up to them. If they are genuine refugees or asylum seekers, that's a different matter entirely.

    Actually I'm pretty sure you'd do exactly what you think is best for yourself. There's nothing in your posting history to suggest otherwise.

    You got lucky by being born here. Nothing else.
  • cogito
    cogito Posts: 4,898 Forumite
    Arklight wrote: »
    Actually I'm pretty sure you'd do exactly what you think is best for yourself. There's nothing in your posting history to suggest otherwise.

    You got lucky by being born here. Nothing else.

    Tell me why I shouldn't report your post.
  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic

    Are you really content the UK is addressing underlying economic and fiscal issues in the right manner and it started the day after the referendum?

    No, has been an ongoing objective for some time. Well before the referendum in fact. Brexit may cause discomfort but isn't going to cause the economy to implode. Long term average US $ exchange rate is around $1.65. $1.40 is still a long way short of that. To keep matters in perspective.
  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    The referendum was the start of a massive sale where foreigners were able to buy U.K. assets on the cheap. They've done fantastically well.

    The UK prefers to invest in property. Rather than companies. The sale of assets started around 50 years ago.........
  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Those who want the UK to simply leave and turn our backs to the EU,.

    The UK and the EU will still be co-operative neighbours after Brexit. Suggestion of turning backs is just nonsense.
  • Now now boys, break it up.

    It is quite clear that we were VERY lucky to be born in this country.

    You admit that Arklight, so why on earth are you so desperate to see it destroyed?

    At the same time illegal immigrants are desperate to get here.

    Refugees will always be welcome, but it is all the idiots that have jumped on the bandwagon that have destroyed their status. The amount of economic migrants that were interviewed on TV is ridiculous. They openly admit they are from places like Bangladesh and expect to continue their journey to the place they choose within the eu.

    As far as I am concerned, anyone that gets caught trying to enter this country illegally should be put on the next boat back to France, it is their borders that are causing the problems, they let them in so they should deal with them. If they are genuine refugees then they should claim asylum or refugee status in the first safe country they enter. If they have legal reasons to come here then that can be dealt with through legal channels.

    As for the people smugglers, as soon as they are caught they should be put in jail, and as soon as there are enough of them they should be loaded into an overcrowded, poorly maintained boat, towed out into the middle of the channel and left to cope alone.

    As for the open borders within the eu, anyone with half a brain could have told them that this would happen, people would take full advantage of the fact people couldn't be bothered to police their borders.

    I can only hope that we will never rejoin the protectionist dictatorship that is the eu. The strange thing is I voted to remain, I certainly would not now, they have shown that their hand contains only marked cards, even if we had stayed in they would now be plotting to ensure that we had to join the eu, and with the aim to get another 5 eastern European countries in the fold (and the consequent upset that causes to Russia, which is likely to bring the prospect of war closer, all down the the federalist ambitions of the eu to take over the world) they would want far more money from us.

    The eu needs to stop trying to take over the world and deal with the problems that are facing it now instead of leaving the world on a knife edge,
    What is this life if, full of care, we have no time to stand and stare
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