Observation RE the UK Brexit Vote...

[CurrentlySober]

The generation who claimed the older generation ruined their future by voting Brexit are the generation currently chasing imaginary Pokemon...

[Bladewire]

Excellent observation 😂😂😂😂👍

[nico-t]

but but but they are so smart and intelligent!

[Relic]

Brexit and shit

[NatalieK]

Originally Posted by CurrentlySober

The generation who claimed the older generation ruined their future by voting Brexit are the generation currently chasing imaginary Pokemon...

and house prices are dropping.


good for the young looking for homes to buy, shame about those older generations with bought properties...

[mineistaken]

Excellent

I never got that sentiment - 60 year olds are way smarter than 20 year olds. Which person decided for which person is not relevant, it is persons deciding for the country, not for other persons.
Ps: older people spent way more time researching the issue before the vote, while youngsters searched "what is EU" after the vote.

[Vendot]

Originally Posted by GspotProductions

and house prices are dropping.

It started with the collapse of share prices in commercial real estate like Barratt and Persimmon.

Then it went to real estate funds, around 9 mulit-billion dollar funds suspended redemptions. Now everything in commercial real-estate is on sale.

Next Commercial collapses and then we see the Residential prices start to fall and its long overdue in the UK.

https://www.theguardian.com/money/20...n-30-says-bank

If the pound hits close to parity at $1.10, that's a 30% devaluation in the pound.
Add to that a 30% drop in real estate prices and you could have property more than halved (at least for foreigners) and that's before:

"Société Générale warns high-end properties could even halve in value as companies move top staff abroad"

[NatalieK]

Originally Posted by Vendot

It started with the collapse of share prices in commercial real estate like Barratt and Persimmon.

Then it went to real estate funds, around 9 mulit-billion dollar funds suspended redemptions. Now everything in commercial real-estate is on sale.

Next Commercial collapses and then we see the Residential prices start to fall and its long overdue in the UK.

https://www.theguardian.com/money/20...n-30-says-bank

If the pound hits close to parity at $1.10, that's a 30% devaluation in the pound.
Add to that a 30% drop in real estate prices and you could have property more than halved (at least for foreigners) and that's before:

"Société Générale warns high-end properties could even halve in value as companies move top staff abroad"

so in assumption, more people buy homes in the UK, especially foreigners, for most wanting out! The exact opposite, to the reason most wanted out of the EU

[CurrentlySober]

Whats funny is that I'm about to close on another home in the UK late next week.

Garden, 2 car parking, 3 bedrooms 3 toilets, lounge diner etc. Backs onto a nature reserve near a river with a country pub alongside it. Large gym around the corner and all shops and amenities within walking distance.



Its not ALL bad over here

[NatalieK]

Originally Posted by CurrentlySober

Whats funny is that I'm about to close on another home in the UK late next week.

Garden, 2 car parking, 3 bedrooms 3 toilets, lounge diner etc. Backs onto a nature reserve near a river with a country pub alongside it. Large gym around the corner and all shops and amenities within walking distance.



Its not ALL bad over here

good for you CS, hope it all goes well for you, it sounds lush

[CurrentlySober]

Originally Posted by GspotProductions

good for you CS, hope it all goes well for you, it sounds lush

Thanks. I wont be living there though, its gonna be a high end rental

[nico-t]

Just by the posters in this thread you know what was the right decision: The ones who don't like the brexit are for instance Gspotproductions. That says everything.

[pimpmaster9000]

the UK colonizing half the world then complaining about immigrants is hilarious