Cable Forum - Brexit (Old)

Sad but unavoidable.

Sorry but I have very little sympathy for anyone who speculates on the property market, even when it’s the value of their own home they’re speculating on.

Houses are for living in, not for those who already have the means to purchase to bet on, forcing everyone else into life-long rental.

If Brexit slashes a third off house prices in the U.K. then that is to the long-term benefit of society.

:clap:

Damien

21-01-2019 13:34

Re: Brexit

Like the Government wouldn't intervene if house prices fell too much. The governments housing policy for years has been to prop up the house market as much as possible lest values fall and screw over the economy and their voter base. The government would sooner find ways to extract more money from the young before they dare let house prices fall.

ianch99

21-01-2019 13:45

Re: Brexit

Quote:

Originally Posted by Chris (Post 35980182)

I agree with you 100% but many may not and as such, this potential price drop would add another parameter to the mix ...

Dave42

21-01-2019 13:46

Re: Brexit

looking like planB is exactly same as planA with trying to redo backstop with all ready been ruled out by EU she not moving one bit so this crisis gonna last for long time yet

mrmistoffelees

21-01-2019 13:48

Re: Brexit

Quote:

Originally Posted by Chris (Post 35980182)

By the very same logic Let's round up all the feckless workshy and put them in chain gangs, because let's face it it's to the long-term benefit of society.

Of course both my and your posts are grotesquely wrong due to sweeping generalisations being made with no attention paid to the underlying mechanics and knock on issues.

heero_yuy

21-01-2019 14:08

Re: Brexit

Quote:

Quote from Dave42:

looking like planB is exactly same as planA with trying to redo backstop with all ready been ruled out by EU she not moving one bit so this crisis gonna last for long time yet

Ah, PBINO. :D

jonbxx

21-01-2019 15:16

Re: Brexit

Quote:

Originally Posted by papa smurf (Post 35980181)

[/B]

Did you just make that up?

Nope, see here - https://www.finder.com/uk/brexit-pound

The last date on that chart was 2nd January so I have taken todays rates from Google

On 23rd June 2016, £1=$1.46. Now it's $1.29. 11.2% drop
On 23rd June 2016, £1=€1.28. Now it's €1.13. 11.7% drop

Carth

21-01-2019 15:20

Re: Brexit

Quote:

House prices in some of Britain’s wealthiest areas have had up to 25% wiped off their value in 12 months as Brexit turmoil continues, according to the estate agent Your Move. That has meant typical price falls in some cases of almost £500,000.

Amazing that some house prices have 'fallen' by almost 500k

In many areas, that alone would buy you a 5 bed detached with double garage and swimming pool :D

RichardCoulter

21-01-2019 16:01

Re: Brexit

According to Channel 5, a poll shows that 1.6 million people have ended their relationship with their partner because of differing views about Brexit!

16% of people have found the subject to have caused a strain with friends, relatives and colleagues (with 2% saying that they have completely cut off people because of Brexit.)

Does anyone here have a different opinion to their partner and how have you handled it?

I think it's rather an extreme reaction, but it does go to show how passionate people are about this subject. I've not known such a divisive issue since the miners strike.

denphone

21-01-2019 16:07

Re: Brexit

Quote:

Originally Posted by Chris (Post 35980182)

Sad but unavoidable.

Sorry but I have very little sympathy for anyone who speculates on the property market, even when it’s the value of their own home they’re speculating on.

Houses are for living in, not for those who already have the means to purchase to bet on, forcing everyone else into life-long rental.

If Brexit slashes a third off house prices in the U.K. then that is to the long-term benefit of society.

djfunkdup

21-01-2019 16:08

Re: Brexit

Quote:

Originally Posted by richardcoulter (Post 35980202)

according to channel 5, a poll shows that 1.6 million people have ended their relationship with their partner because of differing views about brexit!

:LOL: :LOL:

Gavin78

21-01-2019 16:08

Re: Brexit

I'm sick to the back teeth with it all, I want to leave with no deal, We have a PM that is just dragging out something she wants and 48% of a losing side.

papa smurf

21-01-2019 16:19

Re: Brexit

Quote:

Originally Posted by jonbxx (Post 35980194)

Thank you for supplying your source.

RichardCoulter

21-01-2019 16:20

Re: Brexit

Quote:

Originally Posted by Gavin78 (Post 35980206)

I'm sick to the back teeth with it all, I want to leave with no deal, We have a PM that is just dragging out something she wants and 48% of a losing side.

Well, she's currently speaking to Parliament and the main points announced at this moment in time are:

- The fee payable by EU citizens to stay in the UK is to be abolished.

- Workers rights will not be eroded.

- She will hold more talks with the DUP Re: The backstop.

- She will never reopen the Belfast agreement.

- She will be more flexible & inclusive.

mrmistoffelees

21-01-2019 16:28

Re: Brexit

Quote:

Originally Posted by RichardCoulter (Post 35980208)

She has said nothing new that's of significant importance whatsoever.

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