Debate House Prices


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Brexit the economy and house prices part 6

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Comments

  • Ballard
    Ballard Posts: 2,983 Forumite
    Tenth Anniversary 1,000 Posts Name Dropper Combo Breaker
    Thrugelmir wrote: »
    Only official sources matter. Anything else is just hearsay and valueless. A deal is only possible if all points are agreed. This has always been the case.

    What’s the point of posting on a forum if nothing that anyone posts can be questioned?
  • Moby
    Moby Posts: 3,917 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    Rinoa wrote: »
    The Chequers plan could be voted down by up to 100 Conservative MP's as they think it gives too much away.

    The EU have also rejected it as asking for too much.

    If she gives any more away there will be numerous cabinet resignations and it won't get through Parliament. If she drops the chequers plan and goes back to her original red lines then EU will reject that also.

    What option do you think is now available?
    The option to not leave or at least to remain in the single market. Realistically it's the only way to save us from the consequences of a 'no deal ' brexit.
  • buglawton
    buglawton Posts: 9,246 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Rinoa wrote: »
    Well, the pound is at 12 month lows against US dollar and falling from around 1.43 to 1.28 this past 4 months. Again against the Euro it's around 1.09 down from 1.15 a few months ago.

    The point being international money markets value GBP according to how likely we are to secure a trade deal with the EU.
    There was a piece on the £/€ in World Business Report podcast yesterday. The diagnosis was that the € is riding high mainly due to German current economic success outweighing Southern EU's woes.
  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    buglawton wrote: »
    There was a piece on the £/€ in World Business Report podcast yesterday. The diagnosis was that the € is riding high mainly due to German current economic success outweighing Southern EU's woes.

    Focus is on Italy where yields on Government debt are drifting out and a budget is due in November.
  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Ballard wrote: »
    What’s the point of posting on a forum if nothing that anyone posts can be questioned?

    You made a statement. I questioned it.
  • Ballard
    Ballard Posts: 2,983 Forumite
    Tenth Anniversary 1,000 Posts Name Dropper Combo Breaker
    Thrugelmir wrote: »
    You made a statement. I questioned it.

    Just to clarify, you don’t feel that people should question statements about Brexit unless it was originally made through official channels? That’s what I’m getting from your recent posts but please feel free to correct me if this isn’t how you feel.
  • scaredofdebt
    scaredofdebt Posts: 1,663 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    Finally accepting the will of the people......

    Claptrap.

    What is the "will of the people"?
    Make £2018 in 2018 Challenge - Total to date £2,108
  • buglawton
    buglawton Posts: 9,246 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Claptrap.

    What is the "will of the people"?
    Which page of Mein Kampf?
  • Tromking
    Tromking Posts: 2,691 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    Claptrap.

    What is the "will of the people"?

    The will of the people as expressed in the 2016 referendum. Nothing electorally has happened subsequently that trumps that as far as I can see.
    “Britain- A friend to all, beholden to none”. 🇬🇧
  • Moby
    Moby Posts: 3,917 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    Tromking wrote: »
    The will of the people as expressed in the 2016 referendum. Nothing electorally has happened subsequently that trumps that as far as I can see.

    .....but democracy is not set in stone. Having referendum's didn't end in 2016. The more a 'no deal' brexit seems likely, the mess we are in will become more obvious and the clamour for parliament to have a say will grow. There is no majority in parliament for a 'no deal brexit'.
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