Debate House Prices


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Brexit, the economy and house prices part 5

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Comments

  • ess0two
    ess0two Posts: 3,606 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Perhaps you’d like to answer the questions I asked you (on Sunday 17 June at 21:40) about quantifying your claim that there would be a “brexit dividend” before you start demanding information from other people...

    I suspect we’ll be a long time waiting... (because there is no brexit dividend :))


    Much like a user from Luxembourg telling us how bad it'll be.
    Official MR B fan club,dont go............................
  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
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    I suspect we!!!8217;ll be a long time waiting... (because there is no brexit dividend :))

    Neither Merkel or Macron have the authority to trample all over the UK. Have enough issues at home to contend with. Interesting how a club that's all for the free movement of people. Isn't so keen when people arrive in large numbers on their doorsteps. Not least from the social problems that arise.
  • Graham_Devon
    Graham_Devon Posts: 58,560 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    edited 19 June 2018 at 10:57PM
    Perhaps you!!!8217;d like to answer the questions I asked you (on Sunday 17 June at 21:40) about quantifying your claim that there would be a !!!8220;brexit dividend!!!8221; before you start demanding information from other people...

    I suspect we!!!8217;ll be a long time waiting... (because there is no brexit dividend :))

    I already have. The fact you wouldn't accept it due to your opinion doesn't mean I didn't answer you.

    We pay £13bn to the EU each year. We get about £5bn in money back.

    The brexit "dividend" is therefore £8bn. I.e the savings to be had from stopping paying into the EU.

    There you go. Real, factual figures.

    Though this isn't acceptable, as you talk about hypothetical, unrealised costs of leaving the EU, and won't accept that there will be opportunities as well as costs. That's just an opinion though. Doesn't make it right. Stick to facts and it makes things much easier.
  • System
    System Posts: 178,361 Community Admin
    10,000 Posts Photogenic Name Dropper
    How is 8bn a "dividend" if it cost us more than that to achieve it? As stated by every piece of analysis that's happened so far.

    I think I have a different definition of dividend to everyone else :(
    This is a system account and does not represent a real person. To contact the Forum Team email forumteam@moneysavingexpert.com
  • Herzlos
    Herzlos Posts: 15,944 Forumite
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    Can you name any benefits to businesses from being out of the EU?
    The only one I can think of is a reduction in regulation.

    Every single analysis shows Brexit is bad for the economy. All by numbers well in excess of the dividend (and you're right, there's probably a saving of membership fee).

    Every job lost, every agency or business moving, because of Brexit will hurt the economy.
  • Theophile
    Theophile Posts: 295 Forumite
    100 Posts Second Anniversary
    Thrugelmir wrote: »
    Not really.

    Needs to keep up with events.



    https://www.express.co.uk/news/politics/976364/Brexit-latest-EU-Galileo-michel-barnier

    Negotiations continue.


    You keep up with events by reading the Express?
    Nothing new in Barnier's comments. It was never a matter of access, but rather participation in development and security clearance.
  • Theophile
    Theophile Posts: 295 Forumite
    100 Posts Second Anniversary
    Thrugelmir wrote: »
    Interesting how a club that's all for the free movement of people. Isn't so keen when people arrive in large numbers on their doorsteps.
    Not interesting at all.
    EU rules on freedom of movement were never meant to be an open door to the whole world. Free movement only applies to EU nationals.
    http://ec.europa.eu/social/main.jsp?catId=457&langId=en
  • gfplux
    gfplux Posts: 4,985 Forumite
    Part of the Furniture 1,000 Posts Photogenic Hung up my suit!
    Could you list the additional costs please?

    Proper costs that is. Not your assumption. Not "what might be". Not "could be". Actual known costs.

    Graham, you caught me. You are right there will be no additional costs.
    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!
    Thrugelmir wrote: »
    No one knows what the outcome is going to be. Net contribution to the EU is £9 billion a year, plus the money that flows back into European Companies from procured goods and sevices. Sometimes one just has to be brave and forward thinking. Net migration may have boosted GDP but it's putting unbearable strain on all nature of public services and housing. Little point in getting fraught in an attempt to dissect words.

    The strain on public services is also down to austerity as practiced by the government.
    Poor infrastructure is down to lack of investment.
    Immigration has been too easy to blame which has masked the underlying lack of investment. Actually Britain appears not too have very much money to spend on things that would benefit anyone living outside of the south east.

    Housing is something no one knows how to tackle in any country anywhere in the world.
    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!
    kabayiri wrote: »
    I think that post Brexit the UK government will be forced into spending more of their limited budget in the regions they have neglected for so long.

    So yes, it can be a financial benefit, it just depends who and where you are.

    London centric government have neglected everything outside the south east.
    There will be no Brexit dividend for Britain.
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