Brexit the economy and house prices part 7: Brexit Harder

Thrugelmir

melanzana wrote: »

But hopefully leaving the EU might be achieved on a mutually beneficial basis. That is the optimum.

The door closed a very long time ago. The EU doesn't operate on a mutually beneficial basis. Ultimately polticians are accountable to their own electorate. Dog eats dog as they say.

melanzana

Thrugelmir wrote: »

The door closed a very long time ago. The EU doesn't operate on a mutually beneficial basis. Ultimately polticians are accountable to their own electorate. Dog eats dog as they say.

UK decided to leave. No sketch of a plan either you have to acknowledge that at least.

EU do NOT want UK to leave, but in fairness they have nothing to go on here. They were dealing with idiots so far. Can you rebut this?

EU has been pragmatic, there is a WA.

But no, the UK needs to be top dollar and to hell with the rest of them.

It really doesn't work like that in real life. Compromise is everything.

Herzlos

Thrugelmir wrote: »

They had no intention of an amicable separation. Barnier is a career poltician. Angling for EU Presidency. The project comes first.

What else could they do for us?


They gave us a list of options, with a handy chart. They've extended our deadline twice. They've spent over 2 years asking what we actually want. They agreed terms with us for a withdrawl and then we started arguing against our own suggestions.


So what would you want them to do? Where do you feel they are being difficult?

Herzlos

movilogo wrote: »

Public support for No Deal is rising. Economic argument no longer working as people don't care/think that it will be of any problem.

Are you sure? I may be a biased remainer but everything I've seen shows that No Brexit is gaining popularity over No Deal.

lisyloo

Herzlos wrote: »

Are you sure? I may be a biased remainer but everything I've seen shows that No Brexit is gaining popularity over No Deal.

I’d agree, but can parliament stop brexit?
I’ve seen some think tank (IOG) that says parliament may not be able to stop it.
Hmm.....was looking for a link and looks like opinion is split on that.

Herzlos

Parliament is Sovereign (despite the protests) so it absolutely can stop Brexit. Legally the UK can withdraw A50 at any point and there's nothing the EU can do about it.


Those claiming we can't seem to be those with a vested interest in us crashing out.

Filo25

Herzlos wrote: »

Are you sure? I may be a biased remainer but everything I've seen shows that No Brexit is gaining popularity over No Deal.

I think the debate is currently simplifying into No Deal v Remain, not much of a push for a soft Brexit, or even a hardish one as May was offering.

Interest in compromise has died on this one.

Good to see Trump being honest enough to admit that the US would want healthcare (NHS) to be on the table during any US UK trade talks.

lisyloo

Filo25 wrote: »

I think the debate is currently simplifying into No Deal v Remain, not much of a push for a soft Brexit, or even a hardish one as May was offering.

Interest in compromise has died on this one.

Good to see Trump being honest enough to admit that the US would want healthcare (NHS) to be on the table during any US UK trade talks.

There is little appetite in the Eu for renegotiation and I don’t blame them.
The WA has been voted out 3 times and when May tried to compromise she managed to displease both sides.

I hate to say I agree with Blair but this is now a binary decision.

I would like to see us get on with a 2nd referendum as there are people who feel they were lied to and would like to change their mind.

SouthLondonUser

2scompany3sfamily wrote: »

Buying for life, security and family? If you can afford it there is never a bad time.

This is wrong on so many levels I don't know where to start...

The world is full of people who bought their main home for family security bla bla bla at totally the wrong time.

E.g. if you bought in certain areas of London between 2015 and 2016, chances are you bought at a very wrong time!

You may say that, over a long enough time horizon, buying tends to be cheaper than renting, even if your property value goes down in the meanwhile. But that's very different from saying there is never a wrong time to buy your family home.

If you have a 95% LTV mortgage, you refinance it in a couple of years and your home has lost a little value, chances are you won't be able to refinance and you will be stuck on a punitively high interest rate (and maybe in negative equity).

If you have a large deposit you'll be able to refinance even if the property loses some value, but it may still be the case that it would have been cheaper to wait and buy later.

That's just one scenario, but there countless others in which you can buy your family home at a very wrong time.

SpiderLegs

lisyloo wrote: »

I would like to see us get on with a 2nd referendum as there are people who feel they were lied to and would like to change their mind.

How many do you think?