Would you care if Brexit....
 

Would care if Brexit meant a 3 bed semi in London became close to the price of a 3 bed semi where you live? Yes lots of people may lose some money. But many more Londoners would have a chance of owning their home.

When will none millionaire Brits realise Leave is a good thing? We can have open borders if we want, we can tell every country on the planet they can have free trade with us if they want. ITS UP TO US!

Re: Would you care if Brexit....
 

As they say 'Onwards and Upwards'

We survived for Century's before Europe and we will still continue to survive and prosper without them ..

Something for the DramaLamas to have a moan about :erm: Blah Blah Blah .. ;)

Re: Would you care if Brexit....
 

What exactly is the point of this fantasy ?

Leaving the EU is not going to make the price of houses in London match those in the Midlands or the North.

Re: Would you care if Brexit....
 

No, it won't. All house prices will crash.

Re: Would you care if Brexit....
 

Probably not but it might make them more affordable?

The only Fantasy I see is beyond the waters called Europe

Re: Would you care if Brexit....
 

It all depends on whether the currency keeps falling, if it does its basic economics what happens next.

Re: Would you care if Brexit....
 

The man most likely to be our next Prime Minister doesn't appear aware that we're doing anything without Europe.

Which would entail membership of the EEA.

I'm pretty relaxed at that prospect, though neither gloating or getting jingoistic.

Re: Would you care if Brexit....
 

So long as londoners salaries also fall as they will no longer need the weighting allowance....


And to you're bolded part, that's simply not true...

Re: Would you care if Brexit....
 

Sadly it's all about supply and demand.

More and more people want housing and there are just not enough houses for them because the government is not building new homes fast enough and the million or so empty homes which could be renovated and brought back into use are still being left undeveloped. If,nationally, we had 100,000 small building firms renovating an empty home every 3 months that would make 400,000 homes available in a year. If we don't have 100,000 small building firms maybe the government could start training up the unemployed in jobs like that to speed things along as at the present rate demand will always outstrip supply and house prices will stay high and unaffordable.

What we need in government are people with business acumen coupled with commercial or industrial experience not MPs with degrees in politics and economics but no practical experience of how things work in the economy in real life.

Re: Would you care if Brexit....
 

Looks as if supply is going to dry up somewhat which will likely balance prices. As will the upcoming interest rate cut(s). The house builders also want some stimulus from government, too.

https://www.cableforum.co.uk/images/...2016/07/24.jpg

Re: Would you care if Brexit....
 

One way to look at this is if prices fall consistently then the gaps also fall so people who can't afford to move up now can (may) vacating smaller and possible cheaper properties and so on down the ladder.

Unfortunately if prices do drop the the property investors are more likely to move in, hoover up more properties and we are likely worse off than ever.

And demand in London and the South East will still inflate prices there, forcing people to live further out push up prices there and so on. HS2 will see price inflation further afield as those places become (more easily) commutable to London.

Re: Would you care if Brexit....
 

Its not fantasy, prices are already falling and some big developers were offering sweeteners pre vote to guarantee investments should we vote out and now we have foreign banks refusing to lend to their citizens on London based property, good!

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They're gonna demand it, so many big developments have been put on hold or shelved all together. We've lost half our work since Christmas and their ain't much coming in to replace it for instance.

Re: Would you care if Brexit....
 

Onwards and upwards.