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Brexit |OT| UK Referendum on EU Membership - 23 June 2016

Did you vote for the side that is going to win?


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twobear

sputum-flecked apoplexy
i saw that george osborne said that leaving the EU would cause houseprices to go down. obviously an attempt to scare home counties tories into voting to stay, but it was actually the most concrete reason i've seen yet to vote leave.
 
House prices likely will go down in the short term after getting out, but it;s such a dumb argument anyway. People who are currently renting would want that to happen.

I'm looking to buy this summer, so personally I would be delighted if house prices suddenly tanked. They're pretty ridiculous right now anyway. You're looking at ~£250k for a decent three-bedroom house in the south-west. I can't even imagine how bad it is in London.
 

Nicktendo86

Member
I'm looking to buy this summer, so personally I would be delighted if house prices suddenly tanked. They're pretty ridiculous right now anyway. You're looking at ~£250k for a decent three-bedroom house in the south-west. I can't even imagine how bad it is in London.

From a purely selfish point of view I'm in pretty much the same boat, we part own our London flat as we couldn't afford to own outright and want to sell up and move out of London in a couple of years, I don't think prices will fall that much in London (our area in Bow as pretty much doubled in price in 5 years, I'm not even joking) and hopefully the area we want to move into will be a little cheaper if old George is right.
 

Hasney

Member
i saw that george osborne said that leaving the EU would cause houseprices to go down. obviously an attempt to scare home counties tories into voting to stay, but it was actually the most concrete reason i've seen yet to vote leave.

I'm looking to buy this summer, so personally I would be delighted if house prices suddenly tanked. They're pretty ridiculous right now anyway. You're looking at ~£250k for a decent three-bedroom house in the south-west. I can't even imagine how bad it is in London.

From a purely selfish point of view I'm in pretty much the same boat, we part own our London flat as we couldn't afford to own outright and want to sell up and move out of London in a couple of years, I don't think prices will fall that much in London (our area in Bow as pretty much doubled in price in 5 years, I'm not even joking) and hopefully the area we want to move into will be a little cheaper if old George is right.

Heh yup. Oop nooorrrfff is still bad value for what you get (and Leeds is becoming too good for work clearly, rent prices are doing the same now) so if I was on the fence with how to vote, that argument could have put me on the out end.
 

Spookie

Member
i saw that george osborne said that leaving the EU would cause houseprices to go down. obviously an attempt to scare home counties tories into voting to stay, but it was actually the most concrete reason i've seen yet to vote leave.

If house prices were to crash I'd be tempted to vote leave purely for selfish reasons of being able to own a house next week!
 

twobear

sputum-flecked apoplexy
If house prices were to crash I'd be tempted to vote leave purely for selfish reasons of being able to own a house next week!

i don't think house prices is a (completely) selfish reason; house prices are still artificially inflated and the market is a disaster. lower house prices are better for everyone who isn't using home ownership as a way to inflate their wealth.
 

Nicktendo86

Member
i don't think house prices is a (completely) selfish reason; house prices are still artificially inflated and the market is a disaster. lower house prices are better for everyone who isn't using home ownership as a way to inflate their wealth.

We're also always being told the economy is out of balance with too much emphasis on financial services and we don't export enough goods whilst at the same time warned that Brexit would devalue the pound and hurt the city. Would rebalance the economy, surely!

I'm obviously being very simplistic.
 
From a purely selfish point of view I'm in pretty much the same boat, we part own our London flat as we couldn't afford to own outright and want to sell up and move out of London in a couple of years, I don't think prices will fall that much in London (our area in Bow as pretty much doubled in price in 5 years, I'm not even joking) and hopefully the area we want to move into will be a little cheaper if old George is right.
Only doubled? :p Yeah it's crazy my ex house mate owns her place in Mile End and that is at 3x the price from 5 years ago now.
 

knavish

Member
I'm looking to buy this summer, so personally I would be delighted if house prices suddenly tanked. They're pretty ridiculous right now anyway. You're looking at ~£250k for a decent three-bedroom house in the south-west. I can't even imagine how bad it is in London.

I'm lookiing at £250k+ for a one/two (small box 2nd room) bed flat in Brighton...fuck the south east
 
I'm lookiing at £250k+ for a one/two (small box 2nd room) bed flat in Brighton...fuck the south east

I had heard that Brighton had become a commuter city for London. Maybe that's driving up prices? In any case, that's harsh. It's getting to the point where you could win big on a scratchcard and still not be able to buy a house in some places.
 

knavish

Member
I had heard that Brighton had become a commuter city for London. Maybe that's driving up prices? In any case, that's harsh. It's getting to the point where you could win big on a scratchcard and still not be able to buy a house in some places.

yep I read an article the other day (cant remember which paper) which said by 2020 you would need a deposit of £47k to buy a house in London. How do normal people possibly think they can afford that? My sisters a nurse and she struggles to afford rent and travel in london let alone trying to save up for a deposit.
 
The housing situation in London is ridiculous, and rather depressing at that.

Me and the wife managed to get ourselves out of debt and currently have £15k saved towards a deposit and yet after some cursory research into house buying it has left us feeling just as far away from getting one as we have always been.

We also looked Into the whole part buy, part rent scheme but that's seems like a con considering your rent goes up and if you want to expand your owned percentage younger to have the place really evaluated meaning the price goes up again.

I already spend just over an hour each way going to and from inner London for work and going out any further is going to be a hard pill to swallow since my daily commute will probably total at least 3-4 hours which gives me and the wife even less time together than we already have.

Something needs to change because the only people who benefit are the rich and serial landlords.
 

Orbis

Member
I'm lookiing at £250k+ for a one/two (small box 2nd room) bed flat in Brighton...fuck the south east
Brighton is in the unfortunate situation of being a commuter town and being by the sea so prices are even more inflated. I live ~35mins from London Euston by train and my 2 bed flat cost £167k last year. Still, I only really afforded the deposit through death of a parent. Otherwise, every time I managed to save another £1k, house prices would go up by even more.

Still, I doubt leaving or staying in the EU will have a blind bit of difference to house prices.
 

otake

Doesn't know that "You" is used in both the singular and plural
The housing situation in London is ridiculous, and rather depressing at that.

Me and the wife managed to get ourselves out of debt and currently have £15k saved towards a deposit and yet after some cursory research into house buying it has left us feeling just as far away from getting one as we have always been.

We also looked Into the whole part buy, part rent scheme but that's seems like a con considering your rent goes up and if you want to expand your owned percentage younger to have the place really evaluated meaning the price goes up again.

I already spend just over an hour each way going to and from inner London for work and going out any further is going to be a hard pill to swallow since my daily commute will probably total at least 3-4 hours which gives me and the wife even less time together than we already have.

Something needs to change because the only people who benefit are the rich and serial landlords.

Adapt. Rent something way below your means while you save. Don't even think about buying in London, just keep saving/investing and buy something way outside of London when you retire.

In NYC, many people end up buying in places like Florida. Hardly anyone can afford to buy a house in NYC.
 
i don't think house prices is a (completely) selfish reason; house prices are still artificially inflated and the market is a disaster. lower house prices are better for everyone who isn't using home ownership as a way to inflate their wealth.

House prices are only high in the south. 3 bedroom houses with large gardens can be routinely bought up north for 60-90k and they struggle to sell at that.
 

Chinner

Banned
The housing situation in London is ridiculous, and rather depressing at that.

Me and the wife managed to get ourselves out of debt and currently have £15k saved towards a deposit and yet after some cursory research into house buying it has left us feeling just as far away from getting one as we have always been.

We also looked Into the whole part buy, part rent scheme but that's seems like a con considering your rent goes up and if you want to expand your owned percentage younger to have the place really evaluated meaning the price goes up again.

I already spend just over an hour each way going to and from inner London for work and going out any further is going to be a hard pill to swallow since my daily commute will probably total at least 3-4 hours which gives me and the wife even less time together than we already have.

Something needs to change because the only people who benefit are the rich and serial landlords.
Have you considered moving out of London?
 
Adapt. Rent something way below your means while you save. Don't even think about buying in London, just keep saving/investing and buy something way outside of London when you retire.

In NYC, many people end up buying in places like Florida. Hardly anyone can afford to buy a house in NYC.
Well at the moment we are already living in a place for £700 a month which is at least £200 less then the surrounding houses, basically because the house needs a lot of work done but our rubbish landlord takes forever to do anything and it causes problems so we kind of both leave each other alone even though they are desperate to put our rent up im sure.
Have you considered moving out of London?
Well we already live in the last 1/4 of London and as i said before travel to work (Strand) takes me over 2 hours a day total so going any further just means i would only be with my wife for a few hours total and since its bad enough as it is any more travel time is just going to be very depressing for both of us.. I already start work early and get out early to try and mitigate this so there ist much more i can do. We are also going to probably be trying for a child next year as we have been putting it off for years because of money and then wanting to buy a house before we do but at 31 we cant really leave it any longer.

We also dont have any family to fall back on, we both come from families on benefits who have never been in a position to support us financially or with a room over our heads to help costs so we have always had to rely on ourselves.
 
Thing is, if we leave the EU and house prices crash, thats not gonna be a market where the banks are giving out cheap mortgages to first time buyers. The prices might go down but unless you have a very healthy deposit, I suspect we would all still struggle to buy. And if you have a healthy deposit now then you could probably get one, even if it's at the top of the market.
 

phisheep

NeoGAF's Chief Barrister
Well we already live in the last 1/4 of London and as i said before travel to work (Strand) takes me over 2 hours a day total so going any further just means i would only be with my wife for a few hours total and since its bad enough as it is any more travel time is just going to be very depressing for both of us.

Really, look outside of London.

Some years back I lived about 40 miles out and my sister lived in the outer bit of London itself. My commute was routinely less than hers and my house a hell of a lot cheaper and we were about a 10-minute walk from the countryside (good for the kids) and I always had a seat on the train home. (This last one took me years to work out, but I eventually discovered that if you get an evening northbound Thameslink at London Bridge, or a southbound at Kings Cross you'll get a seat, but if you do it the other way round you're standing all the way.)
 

Nicktendo86

Member
Only doubled? :p Yeah it's crazy my ex house mate owns her place in Mile End and that is at 3x the price from 5 years ago now.
Haha to be honest doubling is a bit of a guess! We are around the corner from Mile End, my old stomping ground. The half moon weatherspoons has chucked me out at closing more times than I care to remember, will miss living here when we eventually move but we desperately need more space.
 

sasliquid

Member
Haha to be honest doubling is a bit of a guess! We are around the corner from Mile End, my old stomping ground. The half moon weatherspoons has chucked me out at closing more times than I care to remember, will miss living here when we eventually move but we desperately need more space.

My girlfriend lives in Mile End and plans to buy in the next year or so but that's cos her parents are reasonably affluent.

I worked out if I keep saving at the rate I am ill be able to buy a house in the next 20 something years ;_;

voting stay btw cos I trust the EU far more than our current government, myself and several of my friends are finding their jobs much harder cos of the Tory bullshit
 

Jezbollah

Member
Really, look outside of London.

Yep. Have to second this. Your work is near Waterloo, consider getting somewhere on that line. 2hrs total for a London commute is actually very small.

If you are expecting your money that you have saved up to get you a nice place you simply have no option. Unless you're earning a hell of a lot and/or have inherited or been very lucky with a property purchase within the M25 then you're going to have to look at zones 4 outwards.

This has pretty much been the same situation for the past 20 years - I remember when I started working in the smoke it was the same situation.
 

Nicktendo86

Member
Saying all this thought the amount of building around my area has been crazy, new developments seem to have sprung up everywhere. No idea of the numbers but it's certainly feels like there has been a lot of building around east London, doesn't seem to be affecting the prices yet however.
 
Thing is, if we leave the EU and house prices crash, thats not gonna be a market where the banks are giving out cheap mortgages to first time buyers. The prices might go down but unless you have a very healthy deposit, I suspect we would all still struggle to buy. And if you have a healthy deposit now then you could probably get one, even if it's at the top of the market.

Hmm, so you're saying get a mortgage in principle on 22 June?
 

Lucreto

Member
Maybe I am over thinking this but wouldn't house prices going down cause other problems.

If I was planning on moving and house prices went down it might put me in negative equity and might as well stay in the house for a few more years until things recover.

Builders might stop building new homes because they are not making the profits they wanted and some may go bust over it.

I think the Irish building booms collapse might be a template of what will happen in the UK.
 
Today in Vote Leave:

ITV have decided to do a debate between Cameron and Farage. This is because Cameron refueses to debate a Tory (meanwhile I just say I'll never date a Tory, hahahaha PUN). So Vote Leave are all 'well why are you giving in to him, we're the campaign officially, we should choose who we put up for debate'. But ignoring the fact that Vote Leave don't own the opinion and the debates aren't strictly part of the package being designated gets.

ANYWAY, Vote Leave decided to get all toys and prams: https://www.buzzfeed.com/jimwaterson/everyone-in-the-anti-eu-campaign-is-fighting-each-other-over

Though to be honest I think debates are mainly just for show, they don't convince people, just intrench people.
 

Hasney

Member
DaTweetz said:
"ITV have effectively become part of the In campaign, we will take them to court and we will win," says a Vote Leave source. Who is unhappy.

Ahaha. I think the punctuation in that just cracks me up.
 
Today in Vote Leave:

ITV have decided to do a debate between Cameron and Farage. This is because Cameron refueses to debate a Tory (meanwhile I just say I'll never date a Tory, hahahaha PUN). So Vote Leave are all 'well why are you giving in to him, we're the campaign officially, we should choose who we put up for debate'. But ignoring the fact that Vote Leave don't own the opinion and the debates aren't strictly part of the package being designated gets.

ANYWAY, Vote Leave decided to get all toys and prams: https://www.buzzfeed.com/jimwaterson/everyone-in-the-anti-eu-campaign-is-fighting-each-other-over

Though to be honest I think debates are mainly just for show, they don't convince people, just intrench people.

Ugh, more Vote Leave infighting. Get it together guys!

Regardless, I think Dave v Nigel would at the very least be more entertaining than Dave v Gove. I imagine that's what ITV are primarily concerned with.
 

Hasney

Member
Ugh, more Vote Leave infighting. Get it together guys!

Regardless, I think Dave v Nigel would at the very least be more entertaining than Dave v Gove. I imagine that's what ITV are primarily concerned with.

For pure entertainment, Dave V Boris would have been the very best though.
 
Saying all this thought the amount of building around my area has been crazy, new developments seem to have sprung up everywhere. No idea of the numbers but it's certainly feels like there has been a lot of building around east London, doesn't seem to be affecting the prices yet however.

Probably shit tier houses. No brick, plastic tiles. They don't even plaster the walls anymore, just stick wallpaper straight up onto drywall/plasterboard.

Shouldn't be legal, they'll fall apart eventually.
 

tomtom94

Member
Cameron is basically refusing to debate other Tories; his claim being that he doesn't want it to turn into a "blue-on-blue fight" (but presumably more with an eye on the Conservatives' polling numbers). So I expect you're more likely to see Johnson v Johnson.
 

Uzzy

Member
Farage is basically Cameron's dream opponent. Cameron could rant on about thermonuclear war occurring in Europe if we leave and he'd still seem reasonable compared to Farage.
 

Jackpot

Banned
Farage is basically Cameron's dream opponent. Cameron could rant on about thermonuclear war occurring in Europe if we leave and he'd still seem reasonable compared to Farage.

Considering Leave.EU posted the Trump video of him comparing immigrants to snakes on their site I can imagine it.
 

Nicktendo86

Member
Ugh, more Vote Leave infighting. Get it together guys!

Regardless, I think Dave v Nigel would at the very least be more entertaining than Dave v Gove. I imagine that's what ITV are primarily concerned with.

The infighting is insufferable, Aaron Banks/Farage/UKIP are poison. In a debate Fararge only really speaks to current UKIP voters who will vote out anyway (well, the ones who will actually vote and not just say they will) whereas leave needs to convince Tory and Labour voters. Plus Cameron wants to face Fararge as he thinks he has the measure of him.

I mean Fararge isn't a bad debater per say though, I thought he battered Clegg in those EU debates a couple of years ago. Anyways I believe ITV will have another debate a couple of days later which I think will be a 3 X 3 format which I am a fan of, the Spectator debate lately was very good.

All of this is a stupid distraction though, leave should own this day with the ONS report on EU migration which is pretty eye watering.
 
Farage is basically Cameron's dream opponent. Cameron could rant on about thermonuclear war occurring in Europe if we leave and he'd still seem reasonable compared to Farage.

The only reason that this referendum exists is because of the electoral threat from Farage.
 

Hasney

Member
The only reason that this referendum exists is because of the electoral threat from Farage.

Yeah, from his own set of voters of people that were already Euroskeptics. To win, they'd need someone who can debate and win over undecided people and the whole of UKIP comes across as a bit of a joke quite often.
 
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