If brexit went ahead, with the several years of continued free movement of people going ahead, whilst we negotiate terms of exit, how does this impact upon housing?
Some Europeans come here and buy houses, others rent. Will less buy homes and more rent instead, if we're not staying as an EU member? How will rents fare? |
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By *olgateMan
over a year ago
on the road to nowhere in particular |
"Prices never seem to go down in any situation.  I can remember at least two property crashes in the past 30yrs ..always preceded by a good helping of repossessions.."
It happens every time they mess with tax breaks and stamp duty |
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Brexit or not. House prices will continue to inflate. The uk economy relies on it, and Westminster governments are too short-termist in their vision to enact policies that will let down the bubble gently.
Then one day London will no longer be fashionable - the bubble will burst - and the economy will implode.
Somehow of course... this will end up being the fault of foreigners, socialists and single mums on benefits. |
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By (user no longer on site)
over a year ago
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The housing benefit bill will soar. There is going to be another 50,000 people in my Borough alone in the next 4 years. The population has been increasingly rapidly for about a decade,with every available space being built on. The rent on a new 3 bedroom flat is £180 per week,in one of the cheaper London Boroughs through affordable renting. One of my friends pays £1,744 per month for a 2 bed flat in Clapham,another has seen a £300k increase in the value of his flat over the last 4 years. How anyone on less than average wage can afford to rent privately or buy I don't know. |
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By (user no longer on site)
over a year ago
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"Brexit or not. House prices will continue to inflate. The uk economy relies on it, and Westminster governments are too short-termist in their vision to enact policies that will let down the bubble gently.
Then one day London will no longer be fashionable - the bubble will burst - and the economy will implode.
Somehow of course... this will end up being the fault of foreigners, socialists and single mums on benefits."
There is a massive amount of building going on in and around London. |
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"Would brexit help push prices up even faster? "
We don't really know.
The private sector only builds when they know the market is very buoyant.
As a poster above said, government policy has been about keeping house prices high for so long.
If demand falls, people could find themselves in a lot of negative equity.
If the BoE have to put up interest rates a lot of home owners could be in trouble too. It's a scandal that they've kept them artifically low for so long. |
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"Brexit or not. House prices will continue to inflate. The uk economy relies on it, and Westminster governments are too short-termist in their vision to enact policies that will let down the bubble gently.
Then one day London will no longer be fashionable - the bubble will burst - and the economy will implode.
Somehow of course... this will end up being the fault of foreigners, socialists and single mums on benefits.
There is a massive amount of building going on in and around London. "
And very little going on in Scotland. This is of course part of the pooling and sharing of resources we were promised . Pool it in London first though obviously... |
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"Brexit or not. House prices will continue to inflate. The uk economy relies on it, and Westminster governments are too short-termist in their vision to enact policies that will let down the bubble gently.
Then one day London will no longer be fashionable - the bubble will burst - and the economy will implode.
Somehow of course... this will end up being the fault of foreigners, socialists and single mums on benefits.
There is a massive amount of building going on in and around London.
And very little going on in Scotland. This is of course part of the pooling and sharing of resources we were promised . Pool it in London first though obviously... "
Scotland has unique issues though. |
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"Brexit or not. House prices will continue to inflate. The uk economy relies on it, and Westminster governments are too short-termist in their vision to enact policies that will let down the bubble gently.
Then one day London will no longer be fashionable - the bubble will burst - and the economy will implode.
Somehow of course... this will end up being the fault of foreigners, socialists and single mums on benefits.
There is a massive amount of building going on in and around London.
And very little going on in Scotland. This is of course part of the pooling and sharing of resources we were promised . Pool it in London first though obviously...
Scotland has unique issues though. "
Chief amongst those being that it's full of uppity Scots no? |
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"Brexit or not. House prices will continue to inflate. The uk economy relies on it, and Westminster governments are too short-termist in their vision to enact policies that will let down the bubble gently.
Then one day London will no longer be fashionable - the bubble will burst - and the economy will implode.
Somehow of course... this will end up being the fault of foreigners, socialists and single mums on benefits.
There is a massive amount of building going on in and around London.
And very little going on in Scotland. This is of course part of the pooling and sharing of resources we were promised . Pool it in London first though obviously...
Scotland has unique issues though.
Chief amongst those being that it's full of uppity Scots no?"
No not at all 
By 2030 over 60% of the population of Scotland will be pensioners.
That will have a huge impact on Scotland.
Many developed countries have an aging population issue but not the extent of Scotland. |
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"Brexit or not. House prices will continue to inflate. The uk economy relies on it, and Westminster governments are too short-termist in their vision to enact policies that will let down the bubble gently.
Then one day London will no longer be fashionable - the bubble will burst - and the economy will implode.
Somehow of course... this will end up being the fault of foreigners, socialists and single mums on benefits.
There is a massive amount of building going on in and around London.
And very little going on in Scotland. This is of course part of the pooling and sharing of resources we were promised . Pool it in London first though obviously...
Scotland has unique issues though.
Chief amongst those being that it's full of uppity Scots no?
No not at all
By 2030 over 60% of the population of Scotland will be pensioners.
That will have a huge impact on Scotland.
Many developed countries have an aging population issue but not the extent of Scotland."
Hmmm I see... So rather than inward investment which would create jobs and attract young folk to Scotland, the plan is to let it devolve into the UKs retirement home?
Call me pedantic - but I'm not certain that's the kind of devolution we signed up for... |
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"The housing benefit bill will soar. There is going to be another 50,000 people in my Borough alone in the next 4 years. The population has been increasingly rapidly for about a decade,with every available space being built on. The rent on a new 3 bedroom flat is £180 per week,in one of the cheaper London Boroughs through affordable renting. One of my friends pays £1,744 per month for a 2 bed flat in Clapham,another has seen a £300k increase in the value of his flat over the last 4 years. How anyone on less than average wage can afford to rent privately or buy I don't know. "
How much????  |
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"Brexit or not. House prices will continue to inflate. The uk economy relies on it, and Westminster governments are too short-termist in their vision to enact policies that will let down the bubble gently.
Then one day London will no longer be fashionable - the bubble will burst - and the economy will implode.
Somehow of course... this will end up being the fault of foreigners, socialists and single mums on benefits.
There is a massive amount of building going on in and around London.
And very little going on in Scotland. This is of course part of the pooling and sharing of resources we were promised . Pool it in London first though obviously...
Scotland has unique issues though.
Chief amongst those being that it's full of uppity Scots no?
No not at all
By 2030 over 60% of the population of Scotland will be pensioners.
That will have a huge impact on Scotland.
Many developed countries have an aging population issue but not the extent of Scotland.
Hmmm I see... So rather than inward investment which would create jobs and attract young folk to Scotland, the plan is to let it devolve into the UKs retirement home?
Call me pedantic - but I'm not certain that's the kind of devolution we signed up for..."
It's very problematic.
That's why the indy ref was so important. |
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By (user no longer on site)
over a year ago
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Problematic, that's an understatement!.
Farmland had started to raise about 1 million an acre recently, so if your 150 acre farm is close to the border, whooohoo your rolling in it.
Of course it's all bollocks, the average 4 bedroom house is now priced at 270,000 pounds despite it only having a build cost of 70k and lowly farmland coming in at 20k an acre.... Because it's a manipulated market, nobody and no government is going to build lots of houses, just forget that promise because if they do, you'll crash the market, it's a supply and demand made market, they control supply and demand!.
Why do you think there getting all uperty about EU immigration... That's there hold demand!.
Control of the banks, councils policy and interest rates! That's there control of supply..
It's one of the many contradictions, there'll say they want a competitively waged economy and then they push up house prices to the point where you need to earn 40k just to buy a cheap one!
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