Brexit, the economy and house prices part 5

Graham_Devon

Arklight wrote: »

Cars are much cheaper in America anyway. If they charge much more than that they won’t sell any.

I always think it’s incredibly unfair when I go there than I could get a new car in dollars there for the price of the second hand version in pounds here, with no money down and almost 0% finance.

Sales tax isn’t quoted but this can be 0% to only a few % depending on state. Unless there are some hidden charges somewhere we really are being royally shafted on automobiles in the UK. And I should remind you Graham, that the only reason that cars in the UK are as 'cheap' as the are is thanks to Brits realising how much less they cost in France, importing them, then fighting the manufacturers who wanted to stop them, and winning under EU law.

So think on.

I have thought on, clearly, by bringing this to the table instead of simply assuming the price of everything will go up.

Your last couple of sentences sums it up. Hamish et all assume prices will go up - and you give a very good reason as to why that won't necessarily be the case - thank you!

Rita2456

feel sorry for the next generation

System

Rinoa wrote: »

We now know the figures were hopelessly wrong anyway (which makes wonder what else they miscalculated) but HMRC, after carefully analysing the cost of billions of transactions yearly, came up with a sum of precisely £20Bn.

Wow. What are the chances of that happening?

Just out of interest, what do you base your views on? Which experts get it right? Or is it just yourself you believe in?

Also if you're expecting estimates in pounds and pence rather than to the nearest few billion you're going to spend the rest of your life disappointed.

Tromking

Arklight wrote: »

HMG certainly can lose, and I can assure you that 'everyone' isn't going to be blaming the EU for their failure.

The Tories currently polling 11 points ahead of Labour amongst working class voters. Remain is and always has been a middle class cause. It looks like Corbyn’s Labour con trick has been rumbled.
Your party’s transformation to the party of the metropolitan middle class is almost complete.

iro

Tromking wrote: »

The Tories currently polling 11 points ahead of Labour amongst working class voters. Remain is and always has been a middle class cause. It looks like Corbyn’s Labour con trick has been rumbled.
Your party’s transformation to the party of the metropolitan middle class is almost complete.

Always been working class and always been Tory!

Feel sorry for those patriotic socialists however who followed the philosophy of politicians like Barbara Castle and Peter Shore. I think of them as 'Jerusalem' Socialists (not only because they were not remotely anti semitic), but also because they wanted to build the UK as an example of a nation based of fairness which would be an example to others.

Todays Labour Party is quite happy to invite the rest of the world in and trash 'Jerusalem'.

They need a home for their beliefs and they will not find it with Corbyn's 'identity', grievance ridden, 'I Daniel Blake' panhandling Labour Party.

What Labour seems to have forgotten is that it is those people who go to work and see their neighbours still in bed with the curtains drawn who are most critical of benefit claimants.

There is overwhelming support for UC amongst this group.

What Labour seems to have forgotten (or ignore) is that it is those people who go to work and see either their wage rate restricted by uncontrolled migration or the rate at which they can charge for self employed work made unprofitable by 'hit and run' foreign builders.

These economic migrants all the while being subsidised to the tunes of billions of pounds by tax credits for children many of whom have never even been to the UK!

Labour has abandoned its core voters and the Tories need to be sure that they make them feel welcome.

In some respects elements of the Brexit vote was not about Brexit, but Brexit is still a necessary (but not sufficient) condition of the UK's revival politically, economically but most importantly morally.

iro

CON: 44% (+2)
LAB: 37% (-2)
LDEM: 8% (-1)
UKIP: 3% (-)
GRN: 3% (+1)

via @YouGov, 04 - 05 Jun
Chgs w/ 29 May

'A 7 point Conservative lead would give TM a majority of 34. Labour are imploding and it!!!8217;s brilliant.'

From #britainelects and a subsequent twitter thread

gfplux

Arklight wrote: »

Cars are much cheaper in America anyway. If they charge much more than that they won’t sell any.

I always think it’s incredibly unfair when I go there than I could get a new car in dollars there for the price of the second hand version in pounds here, with no money down and almost 0% finance.

Sales tax isn’t quoted but this can be 0% to only a few % depending on state. Unless there are some hidden charges somewhere we really are being royally shafted on automobiles in the UK. And I should remind you Graham, that the only reason that cars in the UK are as 'cheap' as the are is thanks to Brits realising how much less they cost in France, importing them, then fighting the manufacturers who wanted to stop them, and winning under EU law.

So think on.

After Brexit car manufacturers/distributors will be able to set a price totally unconnected with the price in the EU27.
Will they go down.....or up. Now that is a very difficult question to get wrong.

gfplux

iro wrote: »

Over 400 constituencies voted leave this is the inconvenient truth for EUphiles in their Metropolitan echochambers.

The other 'inconvenient truth' is that the MEP elections in 2019 are very likely to deliver a populist, eurosceptic majority (with or without the UK).

Who knows if the EU starts to be tough on uncontrolled economic migration some of the leavers might start to be less critical of the EU .

Good to see we are having another day of 'Brexit weather' today, sunny, warm optimistic and a garden rich in fecundity.

Just because a lot of people can not divide 49 by seven and get seven does not mean the answer is not 7.

iro

gfplux wrote: »

After Brexit car manufacturers/distributors will be able to set a price totally unconnected with the price in the EU27.
Will they go down.....or up. Now that is a very difficult question to get wrong.

If you think that the number of cars in the UK is in anyway related to the Nation's happiness you have clearly never been stuck on the M25!

gfplux

vivatifosi wrote: »

On the subject of pricing in the US vs UK vs Europe, there are a whole bunch of reasons why prices are lower in the US, including:

Sales tax is added on to the price shown as it varies by county within states.
Economies of scale
Rates only applying to the contiguous 48 states, with higher prices in Alaska and Hawaii, significantly so in the case of the latter due to remoteness and shipping costs
Availability of cheap retail space make it a much lower overhead
Different materials used to make the "same" product, a friend bought a BMW from Germany and shipped it over as he said the build quality was better than US ones
More conspicuous consumption means more units sold means the cost price per unit falls.

In terms of Ikea, they are a major company and will by products from all over, including the Far East and Europe. Softwood products often come from the Baltics as there are vast forests there. Some more designer elements come from Sweden or Italy, and of course much comes from China.

I was pricing up a sofa bed yesterday to furnish an apartment in Spain. The model I looked at was cheapest in Euros, then in pounds. It was not cheaper in the US, possibly because it was a large unit made in Europe, possibly because more units are sold in Europe than in the US. However as Ikea is a value retailer with a sophisticated business model, they will be making decisions like that on virtually every product. It won't simply be the case that the price for every item will be out by the same amount.

Finally when Ikea moved into the US it discovered that it needed to tailor its offering to local markets, e.g. larger glasses and plates. When they first opened, the story goes that they couldn't work out why people were buying one of their vases in lots of six, then they found they were buying them as glasses.

Thank you.
So few people understand the world of marketing and retail but have an opinion.
I know nothing of running a resteraunt but as a customer I would be foolish to tell a professional how to do it, although I might recognise mistakes that effect my PERSONAL experience but that might mean the business is making a big profit.