Debate House Prices


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Brexit the economy and house prices part 7: Brexit Harder

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Comments

  • gfplux
    gfplux Posts: 4,985 Forumite
    Part of the Furniture 1,000 Posts Photogenic Hung up my suit!
    The possibility of a no deal exit appears to be growing.

    Not living in Britain I am not stockpiling but are any of the posters so confident of a deal that they are NOT stockpiling tinned food, water, rice and pasta.
    Any tips on other things to NOT stock up on?
    There will be no Brexit dividend for Britain.
  • lisyloo
    lisyloo Posts: 30,090 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    I’m stockpiling people to blame.
  • I am not stockpiling, but most of the stuff I get is British anyway,

    And why would we stock up on water? Perfectly drinkable water comes out of the tap here.
    What is this life if, full of care, we have no time to stand and stare
  • LHW99
    LHW99 Posts: 5,273 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    The age group that voted most for Leave seems like the ones that falls in the post-war category - enjoying a huge boom, great employment, and a heavy diet of plucky war films and press.
    The boom in the 50's to early 60's, fine, although those in work and able to experience it would be 70+ by now.
    The job situation in the 70's was abysmal. Trying to buy a house in those days was about as easy as it is now, as mortgages were rationed, and wife's earnings barely taken into account by many lenders. In the 80's you needed to be a London worker, as things were going downhill rapidly in industrial areas - hence the resistance to Lisbon by the then Labour and Liberal parties at the beginning of the 1990's.
  • Lungboy
    Lungboy Posts: 1,953 Forumite
    Part of the Furniture 1,000 Posts
    I'm slowly increasing the medicine I have in stock.
  • buglawton
    buglawton Posts: 9,246 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    I am not stockpiling, but most of the stuff I get is British anyway,

    And why would we stock up on water? Perfectly drinkable water comes out of the tap here.
    I need to stock up on the things I'm spending the most on lately:

    Tradesmen
    Builders
    Car servicing
    Energy
    Insurances
    Taxes
    Holidays
  • vivatifosi
    vivatifosi Posts: 18,746 Forumite
    Part of the Furniture 10,000 Posts Mortgage-free Glee! PPI Party Pooper
    It is being reported on Sky that Nissan will soon announce the cancellation of the planned construction of the X Trail in Sunderland.


    Surely it is now time for politicians to act for the good of the nation rather than their party. If confirmed by Nissan, these would have been great local jobs that would have aided the city of Sunderland.


    https://news.sky.com/story/nissan-casts-further-gloom-on-car-industry-with-x-trail-blow-11625885
    Please stay safe in the sun and learn the A-E of melanoma: A = asymmetry, B = irregular borders, C= different colours, D= diameter, larger than 6mm, E = evolving, is your mole changing? Most moles are not cancerous, any doubts, please check next time you visit your GP.
  • ess0two
    ess0two Posts: 3,606 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    vivatifosi wrote: »
    It is being reported on Sky that Nissan will soon announce the cancellation of the planned construction of the X Trail in Sunderland.


    Surely it is now time for politicians to act for the good of the nation rather than their party. If confirmed by Nissan, these would have been great local jobs that would have aided the city of Sunderland.


    https://news.sky.com/story/nissan-casts-further-gloom-on-car-industry-with-x-trail-blow-11625885

    Article states, falling demand for diesel vehicles in Europe, production will get binned regardless of Brexit.
    Official MR B fan club,dont go............................
  • Herzlos
    Herzlos Posts: 15,933 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    I am not stockpiling, but most of the stuff I get is British anyway,

    And why would we stock up on water? Perfectly drinkable water comes out of the tap here.

    That's remarkably short sighted. You've presumably seen what an inch of snow does to supermarket shelves, and whilst you supposedly only eat British, what do you think people are going to buy when there's only British left?
  • wunferall
    wunferall Posts: 845 Forumite
    ess0two wrote: »
    Article states, falling demand for diesel vehicles in Europe, production will get binned regardless of Brexit.

    Indeed so.
    Just a few weeks ago VW announced another 7,000 jobs are going at 2 German factories as a result of turning to production of electric cars and Ford announced thousands of jobs are to go across Europe for the same reasons.

    The inevitable rise of electric vehicles will without a doubt affect current global vehicle production - hence James Dyson deciding to build his electric vehicles in Singapore.

    Until we see exactly what happens not only with the UK but the European and global manufacturing of electric vehicles, trying to blame Brexit is at best disingenuous.
    Especially when the linked report clearly says "It is not expected to have a major impact on jobs because the plans related to future investment activity." and "One automotive analyst said that falling consumer demand for diesel vehicles and Nissan's weak recent sales performance in Europe were likely to be factors in the decision."

    We are on the cusp of a global shift in manufacturing.
    From seeing how long it takes the EU to do anything I think that the UK is much better-placed outside that cumbersome behemoth, where we are able to make our own decisions and could change quickly if necessary.
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