Debate House Prices


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30% fall in property if no deal brexit

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Comments

  • triathlon
    triathlon Posts: 969 Forumite
    500 Posts Second Anniversary
    At least 30% fall in property if no deal brexit
    Channel 4 news just said it will be at least 30% crash in property prices if no deal.

    The good news is the uk will save the 39billion divorce fees


    The UK is probably going to have a population of 100 million in the next 30 tops, get real, plus we will be getting closer to not having a far smaller oppressive white Christian based society,
  • phillw
    phillw Posts: 5,665 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Thrugelmir wrote: »
    SMI is only a loan. No longer a pure benefit. As was the case in the past. Not the solution anymore. Nor is financial distress restricted to those claiming benefits.

    I know SMI is a loan, but I doubt people are going to turn their nose up it if the alternative is homelessness.

    The million pound second homes are the ones that will see the greatest movement, because as you say owners of those are going to be unable to claim SMI.
  • The-Joker
    The-Joker Posts: 718 Forumite
    Following the Great Financial Crisis in 2008, central banks printed trillions of dollars and pushed interest rates to their lowest levels in human history. Low interest rates (and lots of new money sloshing around
    The thing about chaos is, it's fair.
  • The-Joker
    The-Joker Posts: 718 Forumite
    When you’re in a world with trillions of dollars of negative-yielding debt, nothing really makes sense.

    Interest rates are the price of money. And when that price is negative… what does that say about the world?
    The thing about chaos is, it's fair.
  • phillw
    phillw Posts: 5,665 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    The-Joker wrote: »
    When you’re in a world with trillions of dollars of negative-yielding debt, nothing really makes sense.

    Interest rates are the price of money. And when that price is negative… what does that say about the world?

    money is a figment of our collective imagination
  • AG47
    AG47 Posts: 1,618 Forumite
    phillw wrote: »
    money is a figment of our collective imagination

    Currency is. Bitcoin, Shitcoin, USD, GBP are all currency and through history they come and go.

    Gold and silver are money and they never go to nothing as currency always does 100% historical certainly
    Nothing has been fixed since 2008, it was just pushed into the future
  • phillw
    phillw Posts: 5,665 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    AG47 wrote: »
    Gold and silver are money

    What country issues gold or silver money?
  • AG47
    AG47 Posts: 1,618 Forumite
    phillw wrote: »
    What country issues gold or silver money?

    Every single central bank in the world holds monetary precious metals as reserves.

    Can you tell us why that is?

    Is it because the last 6000 years monetary precious metals gold and silver are always money at all times?

    Anyway back to this thread, yes it's looking like no deal brexit 30%+ property crash, and this is jut the start.
    Nothing has been fixed since 2008, it was just pushed into the future
  • lisyloo
    lisyloo Posts: 30,077 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    AG47 wrote: »
    Anyway back to this thread, yes it's looking like no deal brexit 30%+ property crash, and this is jut the start.

    I predict this will be proved wrong in a few hours, which might be a record in being wrong.
  • MobileSaver
    MobileSaver Posts: 4,343 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    AG47 wrote: »
    yes it's looking like no deal brexit 30%+ property crash, and this is jut the start.

    I predict this will be as (in)accurate as your previous ridiculous claims:
    AG47 wrote: »
    I]Posted 16-10-2016[/I I guarantee DB will not last another 12 months

    Could you have been more wrong?
    AG47 wrote: »
    I]Posted Jan 2019[/I Deutsche bank ... 1st Feb they have to release last quarter results, they can no longer hide the mass losses.

    Deutsche bank reported €1.3 billion profit in February.

    Why do you continue to post on subjects that you clearly and demonstrably have absolutely no idea what you are talking about?
    Every generation blames the one before...
    Mike + The Mechanics - The Living Years
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