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Post by Nathan on Sept 16, 2019 13:52:49 GMT
Part of me wants a no-deal to happen now so house prices will crash so I can finally buy a house in this expensive city! Although with that said, I don't really want the rest of the economic mess to come through too. Being able to afford a house is good objective, but not sure what part of economics you are applying. Considerable numbers of homes in London are foreign owned, Brexit will trash the pound, and make it more attractive (and cheaper in their local currency) to buy up more London homes, so you will have more competition which may push prices higher. If London house prices were going to crash would have done so since the vote to leave as everyone bails out, but they didn't. But that's only due to the 3 years of uncertainty about how we will leave the EU. If we crash out a lot of companies will move operations to mainland Europe. We've already seen this happen with some firms. Customs and other rules and regulations will push other companies to follow. With fewer jobs, I don't see what competition there would be or what incentive foreign investors would have to buy property in London if there's...well...nothing. Regarding your point about London house prices crashing, we would have had to have seen a some kind of strange, dramatic event take place to see prices drop instantly. Again, we've had 3 years of not knowing how we're going to leave. House price growth has already been slowing down this year with fewer people buying and selling. It's only going to get worse with a no-deal. Even though it's unlikely to happen on Halloween now it was still reported that house prices are expected to fall by 5.4-7.5% if we leave without a deal, according to this KPMG. |
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Post by N230UD on Sept 16, 2019 17:36:24 GMT
Well, firstly we haven't actually left yet! That will be the real test of how this will damage or assist our economy. Even if it ends up benefitting, it's a big gamble to take. Gambling with a country's economy seems like utter stupidity. Despite being a 'snowflake millenial remainer', I can see there could be some benefits with leaving the EU. But not with a no deal! There are hardly any countries trading in WTO terms. The uncertainty can't be blamed on Remainers! Well, maybe partly. Brexiteers have failed to prepare properly for this, I don't know how anyone could deny that. They cannot prepare because the remainer bunch are a thorn in their side, no matter what, the remainers would do EVERYTHING to prevent brexit. Just like Brexiteers would do EVERYTHING to go ahead with leaving without proper prepation, thus risking damage to the economy. Although that would be tarring Brexiteers all with the same brush, just like some people tar Remainers with the same brush. A large amount of Remainers respect the result of the refurendum. Having such a divided country is what happens when you get a refurundum with such a close result. David Cameron has a lot to answer for. Also, if Brexit was such a great idea, it would be much easier to get people on side, and go ahead with preparing for it. You simply cannot blame others for all this. Of course, there are many trying to stop Brexit - but thats what happens with such a close result in a refurendum, with about half the population completely against something. Many Remainers have respected the result of the refurendum, and some just want to make sure we actually have a deal before leaving. Boris Johnson is a serial liar and a populist. I can't take anything he says seriously. How will Boris get a good deal in just over a month? Secondly, why are so many Brexiteers just desperate to leave as soon as possible, without properly preparing for it? You wouldn't go to a job interview without preparing, you woudn't have surgeons going into an operation without preparing. And leaving the EU is far more complicated than those examples. Surely it is best to have a proper plan in place, with a good deal, before leaving the EU? Fail to prepare = prepare to fail. Once we have actually left the EU, that isn't the end of it, its just the start of it! |
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Post by busman on Sept 16, 2019 17:57:40 GMT
Being able to afford a house is good objective, but not sure what part of economics you are applying. Considerable numbers of homes in London are foreign owned, Brexit will trash the pound, and make it more attractive (and cheaper in their local currency) to buy up more London homes, so you will have more competition which may push prices higher. If London house prices were going to crash would have done so since the vote to leave as everyone bails out, but they didn't. But that's only due to the 3 years of uncertainty about how we will leave the EU. If we crash out a lot of companies will move operations to mainland Europe. We've already seen this happen with some firms. Customs and other rules and regulations will push other companies to follow. With fewer jobs, I don't see what competition there would be or what incentive foreign investors would have to buy property in London if there's...well...nothing. Regarding your point about London house prices crashing, we would have had to have seen a some kind of strange, dramatic event take place to see prices drop instantly. Again, we've had 3 years of not knowing how we're going to leave. House price growth has already been slowing down this year with fewer people buying and selling. It's only going to get worse with a no-deal. Even though it's unlikely to happen on Halloween now it was still reported that house prices are expected to fall by 5.4-7.5% if we leave without a deal, according to this KPMG. UK property has very attractive returns as a long term investment and whilst offering a decent yield for landlords in the interim. A weak pound makes UK properties far more affordable to overseas buyers. The government needs to get more protectionist over the housing market ASAP. In the meantime keep saving up for a deposit and wait for the crash. If it comes, it won’t be because of Brexit but probably triggered by a US collapse. |
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Post by Deleted on Sept 16, 2019 18:33:13 GMT
They cannot prepare because the remainer bunch are a thorn in their side, no matter what, the remainers would do EVERYTHING to prevent brexit. Just like Brexiteers would do EVERYTHING to go ahead with leaving without proper prepation, thus risking damage to the economy. Although that would be tarring Brexiteers all with the same brush, just like some people tar Remainers with the same brush. A large amount of Remainers respect the result of the refurendum. Having such a divided country is what happens when you get a refurundum with such a close result. David Cameron has a lot to answer for. Also, if Brexit was such a great idea, it would be much easier to get people on side, and go ahead with preparing for it. You simply cannot blame others for all this. Of course, there are many trying to stop Brexit - but thats what happens with such a close result in a refurendum, with about half the population completely against something. Many Remainers have respected the result of the refurendum, and some just want to make sure we actually have a deal before leaving. Boris Johnson is a serial liar and a populist. I can't take anything he says seriously. How will Boris get a good deal in just over a month? Secondly, why are so many Brexiteers just desperate to leave as soon as possible, without properly preparing for it? You wouldn't go to a job interview without preparing, you woudn't have surgeons going into an operation without preparing. And leaving the EU is far more complicated than those examples. Surely it is best to have a proper plan in place, with a good deal, before leaving the EU? Fail to prepare = prepare to fail. Once we have actually left the EU, that isn't the end of it, its just the start of it! Yes I can blame it all on remoaners who are hell bent on stopping democracy. Boris is a liar? Well at the moment he's the only politician many people are trusting so it doesn't say much for the rest does it? And what's this properly preparing for Brexit line you keep repeating? It sounds like another desperate attempt to delay things, I mean we've had over three years to prepare. All people want is democracy, even some people who voted remain just want to get this done so we can move on. |
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Post by Eastlondoner62 on Sept 16, 2019 19:17:17 GMT
Just like Brexiteers would do EVERYTHING to go ahead with leaving without proper prepation, thus risking damage to the economy. Although that would be tarring Brexiteers all with the same brush, just like some people tar Remainers with the same brush. A large amount of Remainers respect the result of the refurendum. Having such a divided country is what happens when you get a refurundum with such a close result. David Cameron has a lot to answer for. Also, if Brexit was such a great idea, it would be much easier to get people on side, and go ahead with preparing for it. You simply cannot blame others for all this. Of course, there are many trying to stop Brexit - but thats what happens with such a close result in a refurendum, with about half the population completely against something. Many Remainers have respected the result of the refurendum, and some just want to make sure we actually have a deal before leaving. Boris Johnson is a serial liar and a populist. I can't take anything he says seriously. How will Boris get a good deal in just over a month? Secondly, why are so many Brexiteers just desperate to leave as soon as possible, without properly preparing for it? You wouldn't go to a job interview without preparing, you woudn't have surgeons going into an operation without preparing. And leaving the EU is far more complicated than those examples. Surely it is best to have a proper plan in place, with a good deal, before leaving the EU? Fail to prepare = prepare to fail. Once we have actually left the EU, that isn't the end of it, its just the start of it! Yes I can blame it all on remoaners who are hell bent on stopping democracy. Boris is a liar? Well at the moment he's the only politician many people are trusting so it doesn't say much for the rest does it? And what's this properly preparing for Brexit line you keep repeating? It sounds like another desperate attempt to delay things, I mean we've had over three years to prepare. All people want is democracy, even some people who voted remain just want to get this done so we can move on. People trust Boris? That's news to me He wasn't even elected by the general public! |
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Post by Deleted on Sept 16, 2019 19:29:06 GMT
Yes I can blame it all on remoaners who are hell bent on stopping democracy. Boris is a liar? Well at the moment he's the only politician many people are trusting so it doesn't say much for the rest does it? And what's this properly preparing for Brexit line you keep repeating? It sounds like another desperate attempt to delay things, I mean we've had over three years to prepare. All people want is democracy, even some people who voted remain just want to get this done so we can move on. People trust Boris? That's news to me He wasn't even elected by the general public! |
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Post by Eastlondoner62 on Sept 16, 2019 19:33:35 GMT
The only polls which often tell a close to true story are the exit polls after an election. I fail to see how that paper can claim Johnson has handled Brexit better than Corbyn when Corbyn hasn't been in power to actually handle Brexit - Not that I'm advocating that however. |
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Post by Deleted on Sept 16, 2019 19:38:55 GMT
The only polls which often tell a close to true story are the exit polls after an election. I fail to see how that paper can claim Johnson has handled Brexit better than Corbyn when Corbyn hasn't been in power to actually handle Brexit - Not that I'm advocating that however. I wonder how many people will trust this woman? m.youtube.com/watch?v=uD7oWrpKwYAI was never a great fan of Piers Morgan but respect to him for calling for Brexit to be implemented despite the fact he voted remain. |
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Post by N230UD on Sept 16, 2019 20:18:25 GMT
Just like Brexiteers would do EVERYTHING to go ahead with leaving without proper prepation, thus risking damage to the economy. Although that would be tarring Brexiteers all with the same brush, just like some people tar Remainers with the same brush. A large amount of Remainers respect the result of the refurendum. Having such a divided country is what happens when you get a refurundum with such a close result. David Cameron has a lot to answer for. Also, if Brexit was such a great idea, it would be much easier to get people on side, and go ahead with preparing for it. You simply cannot blame others for all this. Of course, there are many trying to stop Brexit - but thats what happens with such a close result in a refurendum, with about half the population completely against something. Many Remainers have respected the result of the refurendum, and some just want to make sure we actually have a deal before leaving. Boris Johnson is a serial liar and a populist. I can't take anything he says seriously. How will Boris get a good deal in just over a month? Secondly, why are so many Brexiteers just desperate to leave as soon as possible, without properly preparing for it? You wouldn't go to a job interview without preparing, you woudn't have surgeons going into an operation without preparing. And leaving the EU is far more complicated than those examples. Surely it is best to have a proper plan in place, with a good deal, before leaving the EU? Fail to prepare = prepare to fail. Once we have actually left the EU, that isn't the end of it, its just the start of it! Yes I can blame it all on remoaners who are hell bent on stopping democracy. Boris is a liar? Well at the moment he's the only politician many people are trusting so it doesn't say much for the rest does it? And what's this properly preparing for Brexit line you keep repeating? It sounds like another desperate attempt to delay things, I mean we've had over three years to prepare. All people want is democracy, even some people who voted remain just want to get this done so we can move on. So If things aren't going the way that Brexiteers want, the solution is to just blame remainers? That sounds like childish mentality. Yes, Boris is a liar. It has been well proven if you research into it. Of course, most politicians lie, but he is one of the worst. The "properly prepare for Brexit line"? Well, surely it's obvious you need to plan properly for a big change, rather than just leave like an angry partner storming out the house and slamming the door, forgetting they left their car keys behind. It is incredible that anyone would want to go through this major change without properly planning for it - surely both remainers and leavers could agree about that! Desperate attempt to delay things? No. A desperate attempt to make sure we do it properly. Yes we have had over three years to prepare. But it's mostly been all talk and little action. We haven't even found a agreeable solution for the Irish border yet, and that's a small aspect in the grand scheme of things. Yes, most people want democracy. But with democracy comes accepting other people's opinions and their protests. Also, like I have said, you can't just "get this done and move on". Leaving is just the start of it. |
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Post by Deleted on Sept 16, 2019 20:32:42 GMT
Yes I can blame it all on remoaners who are hell bent on stopping democracy. Boris is a liar? Well at the moment he's the only politician many people are trusting so it doesn't say much for the rest does it? And what's this properly preparing for Brexit line you keep repeating? It sounds like another desperate attempt to delay things, I mean we've had over three years to prepare. All people want is democracy, even some people who voted remain just want to get this done so we can move on. So If things aren't going the way that Brexiteers want, the solution is to just blame remainers? That sounds like childish mentality. Yes, Boris is a liar. It has been well proven if you research into it. Of course, most politicians lie, but he is one of the worst. The "properly prepare for Brexit line"? Well, surely it's obvious you need to plan properly for a big change, rather than just leave like an angry partner storming out the house and slamming the door, forgetting they left their car keys behind. It is incredible that anyone would want to go through this major change without properly planning for it - surely both remainers and leavers could agree about that! Desperate attempt to delay things? No. A desperate attempt to make sure we do it properly. Yes we have had over three years to prepare. But it's mostly been all talk and little action. We haven't even found a agreeable solution for the Irish border yet, and that's a small aspect in the grand scheme of things. Yes, most people want democracy. But with democracy comes accepting other people's opinions and their protests. Also, like I have said, you can't just "get this done and move on". Leaving is just the start of it. You are beginning to sound like a rather sore loser quite honestly. |
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Post by N230UD on Sept 16, 2019 21:11:27 GMT
So If things aren't going the way that Brexiteers want, the solution is to just blame remainers? That sounds like childish mentality. Yes, Boris is a liar. It has been well proven if you research into it. Of course, most politicians lie, but he is one of the worst. The "properly prepare for Brexit line"? Well, surely it's obvious you need to plan properly for a big change, rather than just leave like an angry partner storming out the house and slamming the door, forgetting they left their car keys behind. It is incredible that anyone would want to go through this major change without properly planning for it - surely both remainers and leavers could agree about that! Desperate attempt to delay things? No. A desperate attempt to make sure we do it properly. Yes we have had over three years to prepare. But it's mostly been all talk and little action. We haven't even found a agreeable solution for the Irish border yet, and that's a small aspect in the grand scheme of things. Yes, most people want democracy. But with democracy comes accepting other people's opinions and their protests. Also, like I have said, you can't just "get this done and move on". Leaving is just the start of it. You are beginning to sound like a rather sore loser quite honestly. No, it sounds like you're losing the argument, as you are unable to properly reply to my points. Either that, or you're just another troll. |
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Post by Deleted on Sept 16, 2019 21:27:24 GMT
You are beginning to sound like a rather sore loser quite honestly. No, it sounds like you're losing the argument, as you are unable to properly reply to my points. Either that, or you're just another troll. You've rather proven the point. What argument am I losing? |
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Post by busman on Sept 16, 2019 21:53:30 GMT
The only polls which often tell a close to true story are the exit polls after an election. I fail to see how that paper can claim Johnson has handled Brexit better than Corbyn when Corbyn hasn't been in power to actually handle Brexit - Not that I'm advocating that however. I wonder how many people will trust this woman? m.youtube.com/watch?v=uD7oWrpKwYAI was never a great fan of Piers Morgan but respect to him for calling for Brexit to be implemented despite the fact he voted remain. It was actually one of Piers Morgan’s better interviews. He held her to account on the Lib Dem Brexit policy whilst tying it to their big sell out last time they earned a sizeable share of the vote. I have never voted for Lib Dem in my life and swore I would never do it after that betrayal of students. However they have got my vote now they have pledged to revoke Article 50 if they have a parliamentary majority. I couldn’t give a hoot about their other policies. I don’t doubt her determination to Remain. Deep down I think Swinson knows that even if they tried to revoke, parliament would probably block it and so we would end up with a 2nd referendum anyway. At least the Lib Dems are being transparent here. If I voted leave, I would be fuming with all those Tory MPs who voted down May’s deal 3 times whilst blocking no deal. They were elected to deliver Brexit and they are very close to blowing it. |
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Post by Deleted on Sept 17, 2019 5:48:44 GMT
I wonder how many people will trust this woman? m.youtube.com/watch?v=uD7oWrpKwYAI was never a great fan of Piers Morgan but respect to him for calling for Brexit to be implemented despite the fact he voted remain. It was actually one of Piers Morgan’s better interviews. He held her to account on the Lib Dem Brexit policy whilst tying it to their big sell out last time they earned a sizeable share of the vote. I have never voted for Lib Dem in my life and swore I would never do it after that betrayal of students. However they have got my vote now they have pledged to revoke Article 50 if they have a parliamentary majority. I couldn’t give a hoot about their other policies. I don’t doubt her determination to Remain. Deep down I think Swinson knows that even if they tried to revoke, parliament would probably block it and so we would end up with a 2nd referendum anyway. At least the Lib Dems are being transparent here. If I voted leave, I would be fuming with all those Tory MPs who voted down May’s deal 3 times whilst blocking no deal. They were elected to deliver Brexit and they are very close to blowing it. I thought it was a brilliant interview and Jo Swinson was left reeling. I think it's quite ridiculous to pledge to ignore the result of the referendum and flies in the face of democracy. I've never voted Tory before but Boris is the only credible option for me at the moment. I wonder what long term damage this is doing, I've got family in Australia and the whole thing looks like a pantomime to them. |
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Post by Nathan on Sept 17, 2019 8:22:58 GMT
But that's only due to the 3 years of uncertainty about how we will leave the EU. If we crash out a lot of companies will move operations to mainland Europe. We've already seen this happen with some firms. Customs and other rules and regulations will push other companies to follow. With fewer jobs, I don't see what competition there would be or what incentive foreign investors would have to buy property in London if there's...well...nothing. Regarding your point about London house prices crashing, we would have had to have seen a some kind of strange, dramatic event take place to see prices drop instantly. Again, we've had 3 years of not knowing how we're going to leave. House price growth has already been slowing down this year with fewer people buying and selling. It's only going to get worse with a no-deal. Even though it's unlikely to happen on Halloween now it was still reported that house prices are expected to fall by 5.4-7.5% if we leave without a deal, according to this KPMG. UK property has very attractive returns as a long term investment and whilst offering a decent yield for landlords in the interim. A weak pound makes UK properties far more affordable to overseas buyers. The government needs to get more protectionist over the housing market ASAP. In the meantime keep saving up for a deposit and wait for the crash. If it comes, it won’t be because of Brexit but probably triggered by a US collapse. That's more or less what I'm doing now. Waiting for that next recession to drop 😁😂 |
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