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Life after Brexit

 
Old 06-27-2016, 03:35 AM
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You always had to pay VAT/TVA/MwSt on it wherever it was gonna live anyway, so not a lot of difference.
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Old 06-27-2016, 03:38 AM
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A good friend of mine is a contracts manager for one of the mainstream house builders. As of Friday they were given instructions to stop digging new footings until further notice and start making plans for a 25% reduction in workforce.
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Old 06-27-2016, 04:41 AM
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Originally Posted by lower View Post
A good friend of mine is a contracts manager for one of the mainstream house builders. As of Friday they were given instructions to stop digging new footings until further notice and start making plans for a 25% reduction in workforce.
Let us know when the 25% layoffs happen.

If your friend works for a significant player in the market that level of cuts will be measured in thousands and should make headline news. Obviously if they are Polish on zero hours contracts no will hear about it.

What's the sector (e.g retirement homes)? I'm not aware of how Brexit would affect projected population growth, ageing or anything else in the short to medium term.

Seems an odd decision unless future profits were predicated on unrestricted immigration. We know there aren't enough homes for British people as it is.

Those 20,0000 (minimum) Syrians will all need somewhere to live as well and then we've got the 1.2M Turkish visa recipients to factor into the equation.
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Old 06-27-2016, 04:48 AM
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Old 06-27-2016, 05:21 AM
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Originally Posted by gaddafi View Post
Originally Posted by lower' timestamp='1467027506' post='24003189
A good friend of mine is a contracts manager for one of the mainstream house builders. As of Friday they were given instructions to stop digging new footings until further notice and start making plans for a 25% reduction in workforce.
Let us know when the 25% layoffs happen.

If your friend works for a significant player in the market that level of cuts will be measured in thousands and should make headline news. Obviously if they are Polish on zero hours contracts no will hear about it.

What's the sector (e.g retirement homes)? I'm not aware of how Brexit would affect projected population growth, ageing or anything else in the short to medium term.

Seems an odd decision unless future profits were predicated on unrestricted immigration. We know there aren't enough homes for British people as it is.

Those 20,0000 (minimum) Syrians will all need somewhere to live as well and then we've got the 1.2M Turkish visa recipients to factor into the equation.
I don't think its appropriate to say the company name on an internet forum but is one of the Barratt/Taylor Wimpy type home builders.

The initial staff losses are contractors so they're not actually laying off, just halting work at the moment.

The reasoning was given that there is going to a lot of uncertainty amongst home buyers for the next 6 months and they wanted to avoid the oversupply that might drive prices down.
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Old 06-27-2016, 05:38 AM
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Doesn't need much saying, apart from bloody fantastic! God save the queen, drink up old bean, etc.
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Old 06-27-2016, 06:00 AM
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So, if housebuilders have over-supply, they'll need to offer discounts to shift them?

So, that's a benefit for buyers, especially the gov't-subsidised FTBs.

Then, a shortage due to lack of new starts will force-up prices, so they'll win again, by losing less of their new-build premium.
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Old 06-27-2016, 08:27 AM
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Originally Posted by Heinz '57 View Post
Anyone who thinks that Brexit was not won by an anti immigration vote is living in cloud cuckoo land.
You should know an immigrant of Barbados.
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Old 06-27-2016, 08:39 AM
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Originally Posted by Nick Graves View Post
So, if housebuilders have over-supply, they'll need to offer discounts to shift them?

So, that's a benefit for buyers, especially the gov't-subsidised FTBs.

Then, a shortage due to lack of new starts will force-up prices, so they'll win again, by losing less of their new-build premium.
You don't understand Nick.

They must make huge profits indefinitely.

Anything less is unfair.

Not too many people will be shedding tears for house builders.
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Old 06-27-2016, 10:47 AM
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Originally Posted by Nick Graves View Post
You always had to pay VAT/TVA/MwSt on it wherever it was gonna live anyway, so not a lot of difference.
But you have "free trade" (?) from one EU country to an other without the additional importtaxes, if you import something from outside the EU customs will add importtax wich is a pretty decent amount on the price of a car so it might not be interesting to import a car from overseas.
Just curious how it will pan out
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