Debate House Prices


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Brexit the economy and house prices part 7: Brexit Harder

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Comments

  • Herzlos
    Herzlos Posts: 15,936 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    Brexit will make it easier for us to handle these challenges though, right?
  • mayonnaise
    mayonnaise Posts: 3,690 Forumite
    I have to say with the conintual delays of Brexit, my partner and I have pretty much put our lives on hold. We want to buy a house and were ready a while ago but we're unsure on what's going to happen post-Brexit... No one does!! We would hate to buy a house only then to leave the EU and end up in negative equity! Any thoughts?

    Hiya Fred.
    Don't put your lives on hold because of brexit.
    It's pretty clear by now we're never ever going to have a no-deal brexit
    If you're buying a long term home and your jobs are more or less secure, I'd say go ahead and buy.
    Any kind of brexit will be undone in the near future anyway. :)
    Don't blame me, I voted Remain.
  • Sailtheworld
    Sailtheworld Posts: 1,551 Forumite
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    Thrugelmir wrote: »
    The sun will continue to rise and set everyday. Focus will then move onto climate change. The adjustments for which are going to be far more profound than Brexit. As going to require a total rethink of many aspects of daily life.

    I'm not sure how helpful this might be to Fred - I reckon he'd already built the continuing rising and setting of the sun into his plans.
  • Sailtheworld
    Sailtheworld Posts: 1,551 Forumite
    Tenth Anniversary 1,000 Posts Name Dropper
    BobQ wrote: »
    Do you have any evidence of this?

    If we can agree that carrying out an action which lands you in prison is a stupid thing to do and that IQ is a reasonable measure of intelligence then, yes, there is evidence. Plenty of data knocking around from multiple countries showing the average inmate has a lower than average IQ.

    In a study in the UK a few years ago suggested the IQ of the average inmate was 13 points below that of the population at large.

    It's easy to find exceptions but we know they don't prove rules.
  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
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    BobQ wrote: »
    It is PMs job to form a government that has the confidence of the house.

    When the House itself is driven by ideology rather than representing the electorate as a whole. Then it becomes unfit for purpose.
  • Sailtheworld
    Sailtheworld Posts: 1,551 Forumite
    Tenth Anniversary 1,000 Posts Name Dropper
    Thrugelmir wrote: »
    When the House itself is driven by ideology rather than representing the electorate as a whole. Then it becomes unfit for purpose.

    Ideology - a system of ideas and ideals, especially one which forms the basis of economic or political theory and policy. Not the worst insult to aim at the House especially when there's legislation in place to ensure fixed termed parliaments.

    Are you sure this isn't just your own particular (and vague) point of view because, noting the polls, you'd love a bit more Tory in your life?
  • Arklight
    Arklight Posts: 3,182 Forumite
    Ninth Anniversary 1,000 Posts
    Thrugelmir wrote: »
    When the House itself is driven by ideology rather than representing the electorate as a whole. Then it becomes unfit for purpose.

    I'd say it represents the electorate perfectly. A minority of hard right loonies want us to leave the EU with no trade deal in place and then to turn the UK into an unregulated casino. A majority of more sensible people want to stop that.
  • BobQ
    BobQ Posts: 11,181 Forumite
    Ninth Anniversary 10,000 Posts Name Dropper Combo Breaker
    If we can agree that carrying out an action which lands you in prison is a stupid thing to do and that IQ is a reasonable measure of intelligence then, yes, there is evidence. Plenty of data knocking around from multiple countries showing the average inmate has a lower than average IQ.

    Maybe we could agree that carrying out an action that makes the country poorer is a stupid thing to do. But that contradicts the evidence I guess?
    Few people are capable of expressing with equanimity opinions which differ from the prejudices of their social environment. Most people are incapable of forming such opinions.
  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic

    Are you sure this isn't just your own particular (and vague) point of view because, noting the polls, you'd love a bit more Tory in your life?

    Remember the days when people had jobs/careers before entering politics......... MP's of all parties were better for it. As brought something with them of value.
  • Sailtheworld
    Sailtheworld Posts: 1,551 Forumite
    Tenth Anniversary 1,000 Posts Name Dropper
    BobQ wrote: »
    Maybe we could agree that carrying out an action that makes the country poorer is a stupid thing to do. But that contradicts the evidence I guess?

    It doesn't quite contradict the evidence because there's a selection bias.

    Take an example of a central bank errors. Close to 100% of those errors are taken by intelligent people. Why? Well, obviously to get a decision making job in a central bank being stupid is going to be a hindrance during the recruitment process.

    Yes, carrying out an action which makes the country poorer is a stupid thing to do. Carrying it out in the full knowledge that it's going to make the country poorer is negligent (there was another study issued yesterday showing the negative dividend of leaving the EU). For Johnson political expediency trumps stupid and he'll be just fine.

    The only consolation is that the average Jeremy Kyle guest only votes for stupid things. Heaven help us if they actually got to implement the things they vote for.
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