Debate House Prices


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Brexit the economy and house prices part 7: Brexit Harder

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Comments

  • ukcarper
    ukcarper Posts: 17,337 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Arklight wrote: »
    We'll find out very soon. As our government is incapable of controlling this process we'll have to rely on the EU to do it.

    Maybe they'll decide you get your hard Brexit. Maybe they won't. Apparently the government has decided noone in Britain will get to decide.
    That's not exactly true though is it, EU can not force us to do anything. If they refuse to extend we can leave with no deal, withdraw article 50 and there is a small possibility that parliament could vote to over rule Berko and vote on Mays deal again. Similar options are available if EU put conditions on an extension.
  • StevieJ
    StevieJ Posts: 20,174 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    mayonnaise wrote: »
    19/03/2019.
    Day 4 of the Great Brexit Betrayal March takes us from Aldfield to Wetherby.

    D2Ao9WgWsAANgQm.jpg:large
    They can have a break and go to the races icon7.gif
    https://www.wetherbyracing.co.uk/fixtures/19th-march-2019-weekday-racing/
    'Just think for a moment what a prospect that is. A single market without barriers visible or invisible giving you direct and unhindered access to the purchasing power of over 300 million of the worlds wealthiest and most prosperous people' Margaret Thatcher
  • phillw
    phillw Posts: 5,665 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    edited 19 March 2019 at 11:49AM
    lisyloo wrote: »
    But if nothing changes then we’re nowhere near 75 MPs changing their mind.
    Having meetings and flogging it to death isn’t going to get those people to change their minds either.

    Well we don't know how many of those are playing chicken, hoping to get more out of the government before they'll vote.

    They appear to have misunderstood the rules of their own game, quite frankly this law is brilliant as it stops all this political game playing. The faux outrage from the newspapers at the "archaic" rule. We have lots of rules that are more archaic, like murder.
    ukcarper wrote: »
    If they refuse to extend we can leave with no deal, withdraw article 50 and there is a small possibility that parliament could vote to over rule Berko and vote on Mays deal again.

    They don't have the guts to withdraw article 50 or have another referendum, even if they overrode berko to allow voting ad infinitum. Theresa Mays deal doesn't even resolve the issue, it's just a tiny first step.

    If only we could have predicted how difficult it would be to negotiate when we had no hand.
  • AG47
    AG47 Posts: 1,618 Forumite
    mayonnaise wrote: »
    19/03/2019.
    Day 4 of the Great Brexit Betrayal March takes us from Aldfield to Wetherby.

    D2Ao9WgWsAANgQm.jpg:large

    Reminds me of the caravan marching up to the USA border. Whatever happened to them all?
    Nothing has been fixed since 2008, it was just pushed into the future
  • fatbeetle
    fatbeetle Posts: 571 Forumite
    Ninth Anniversary 500 Posts I've been Money Tipped!
    Project fear got it right again!!!
    In the milder of its two disaster scenarios, HM Treasury predicted the UK would slide into recession, “unemployment would increase by around 500,000 with all regions experiencing a rise in rise in the number of people out of work”. It felt able to be very specific: 24,000 job losses in Wales, 43,000 in Scotland, etc. Instead, more than half a million jobs have been created – across every UK region and unemployment has been forced to a 43-year low.
    UK unemployment has dropped to the lowest level in more than 44 years despite mounting fears over Brexit, as employers across the country ramped up hiring at the fastest rate in more than three years.

    The Office for National Statistics said Britain’s jobless rate fell to a fresh low of 3.9% in the three months to January, down from 4% a month ago, the lowest point since the start of 1975.

    Companies increased their hiring activity to add another 222,000 people to the UK workforce, taking the overall number in work to a fresh record high of 32.7 million.

    https://www.theguardian.com/business/2019/mar/19/uk-unemployment-falls-brexit-jobless-rate
    “If you trust in yourself, and believe in your dreams, and follow your star. . . you'll still get beaten by people who spent their time working hard and learning things and who weren't so lazy.”
  • phillw
    phillw Posts: 5,665 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    fatbeetle wrote: »
    Project fear got it right again!!!

    We will find out soon enough, the last three years have been interesting as the government has promised everyone that if they hold on then they'll organise a deal which means they won't need to close down and relocate.

    The increase in employment is seen as a bad short term move as companies are taking on workers that they can get rid of quickly in the next few months, rather than investing in long term strategies (factories etc).

    You may have humble pie to eat, depending on how this plays out.

    It's much easier to be right, if you deviously predict both outcomes....

    https://www.bbc.co.uk/news/av/uk-40667879/eu-trade-deal-easiest-in-human-history

    Coming to a free trade agreement with the EU should be "one of the easiest in human history" because our rules and laws are already the same, the international trade secretary has said.

    Liam Fox is to set out his vision of the UK's trading relationship with the rest of the world after Brexit.

    "The only reason we wouldn't come to a free and open agreement is because politics gets in the way of economics," Dr Fox told the Today programme.


    I guess nobody told him what he hasn't accepted is that brexit was nothing to do with economics and he should just get over it.
  • kabayiri
    kabayiri Posts: 22,740 Forumite
    Part of the Furniture 10,000 Posts
    New tariffs in a WTO based Brexit would definitely change the trading arrangements.

    Whatever your political views, there is definitely money to be made.

    But...things have to change anyway. It's getting more expensive to produce components in places like Poland. A no deal Brexit could just bring forward our plans to shift production away from Europe and into China.
  • movilogo
    movilogo Posts: 3,235 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    Happiness is buying an item and then not checking its price after a month to discover it was reduced further.
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