Brexit, the economy and house prices part 5

mrginge

ukcarper wrote: »

According to land registry they have hardly fallen and London as a whole is up, but if they have is it a bad thing.

Yet another desperate headline junkie. They obviously didn!!!8217;t make it to the slightly more relevant last paragraph.

With the most recent official data showing earnings growth averaging 2.5%, that means that unusually, wages are currently outpacing house prices.

Arklight

Tromking wrote: »

You ignore of course the losses the SNP had in the last GE to Unionist parties and the fact that Gibraltarians would fight to the death to avoid a power sharing deal with the hated Spaniards. The U.K. will not sell Gibraltar down the river in the Brexit negotiations.
It would be a mistake also to think that a majority vote for Remain in NI is tacit approval by that same majority for an all Ireland customs union and a possible sea border with the rest of the U.K.
You hoping stuff will happen in order to suit your narrative that the country is in chaos, doesn!!!8217;t mean it will happen.

If a small state has an argument with a larger one, the small state will kowtow. It is simply realpolitik.


The existence of Northern Ireland is a disagreement with Ireland. The existence of Gibraltar is a disagreement with Spain.


Up til March next year that amounts to different EU countries squabbling. After March next year it is the UK having a disagreement with the EU about territory EU members either strongly oppose it having, or need a say in its governance for their own security.


The UK, thanks to Brexit voters, has no say.


The UK will kowtow, it will be allowed some facesaving by the EU but it will kowtow nonetheless. The same as Turkey eventually will over Northern Cyprus.


The idea of Gibraltar's population of leathery expat drunk by noon tax dodgers "fighting to the death" to stay out of Spain is a bit improbable. No one is that attached to their semi legal online gambling company.


The attitude of Latin Gibraltarians to the mainland their forebears came from makes as much sense as sectarianiasm in Northern Ireland.

Rinoa

cepheus wrote: »

London property prices fall as much as 15% as Brexit effect deepens

https://www.theguardian.com/money/2018/mar/12/london-property-prices-plunge-as-brexit-effect-deepens

Care to speculate on what the Guardian means by 'Brexit effect'

London has high levels of immigration which, we are told, are reversing.

Are they suggesting immigration was a major cause of house price inflation.

Tromking

Arklight wrote: »

If a small state has an argument with a larger one, the small state will kowtow. It is simply realpolitik.


The existence of Northern Ireland is a disagreement with Ireland. The existence of Gibraltar is a disagreement with Spain.


Up til March next year that amounts to different EU countries squabbling. After March next year it is the UK having a disagreement with the EU about territory EU members either strongly oppose it having, or need a say in its governance for their own security.


The UK, thanks to Brexit voters, has no say.


The UK will kowtow, it will be allowed some facesaving by the EU but it will kowtow nonetheless. The same as Turkey eventually will over Northern Cyprus.


The idea of Gibraltar's population of leathery expat drunk by noon tax dodgers "fighting to the death" to stay out of Spain is a bit improbable. No one is that attached to their semi legal online gambling company.


The attitude of Latin Gibraltarians to the mainland their forebears came from makes as much sense as sectarianiasm in Northern Ireland.

I'm sorry Arky, that is borderline rubbish you've written there.
The right to self determination as espoused by the UN is what applies to territories under dispute, that said are Gibraltar and NI under dispute?
What will the UK potentially have to "kow-tow" to?
The EU will no doubt sympathise with the interests of its member nations, that in of itself doesn't change anything if the people living there are happy with the status quo.

movilogo

https://www.theguardian.com/money/2018/mar/12/london-property-prices-plunge-as-brexit-effect-deepens

So Brexit is working as expected

Lornapink

London prices are way out of kilter. Investors have disappeared due to stamp duty and income tax rises and the knock-on effect on mortgage rules.

LHW99

That's not due to the EU (and I never said it was) but the EU can claim some part in providing that stability. The EU is evidence that once upon a time 28 nations wanted to work together to agree common standards, sharing costs and creating one of the world's biggest regional free trade area.

That was what we joined in 1974.
Now there is a lot more political baggage attached which a majority felt was not working for them.
As an example, it did not require the euro to be widely introduced. The main northern countries used each others currencies interchangeably, the rest had little difficulty dealing with exchange rates, as they then (and now) had to do with the US, Canada, Australia, India......

Lornapink

Arklight wrote: »

Cable speaks as he finds:

You mean Brexit might be a bit, racist?
:eek:
...

The left should keep on seeking to trivialise the arguments of opponents by framing them as simple minded racists, I mean it's such a great tactic..., you're just bound to win-over new converts with that tactic

Lornapink

Why is the party of Remain still polling around 7 / 8%?

I thought 48% were so passionate about remaining, after all, Brexit is supposed to be upper most in voters minds?

Arklight

Lornapink wrote: »

Why is the party of Remain still polling around 7 / 8%?

I thought 48% were so passionate about remaining, after all, Brexit is supposed to be upper most in voters minds?

Welcome back Lorna!


You may also ask why the governing party of Leave failed to gain enough seats to form a new government.


The Lib Dems have lost a lot of supporters who just can't stand the Tories anymore, so have moved to Labour to ensure the best chance of getting them out.


Most of us also accept the result of the referendum, but the devil in the Tory detail is very different to Labour's.