The economic consequences of Brexit (Vol 2)

[kurt535]

Jockman said:

kurt535 said:

.....price of property in frankfurt has stormed up in value in anticipation of relocations lined up.

Nothing to do with "strong economic growth, 1.1 million refugees, high work-related immigration, weak construction supply and low interest rates"?

Refugees tend to devalue property areas.

No, squarely increased post - Brexit vote.

Not hard to understand why that would happen surely?

[Pan Pan Pan]

don4l said:

FiF said:

Mrr T said:

don4l said:

FiF said:

Richard North raises another one today, completely relevant to PH. Mutual recognition of driving licences, and the need to have some sort of agreement, otherwise it's International Driving Permits, renewable every year. Plus of course agreement on recognition of extra training for HGV and PCV drivers, currently embodied in the CPC. Not to mention the insurance issue, and vehicle roadworthiness , operator's licences.

No doubt there will be accusation of an alternative version of Project Fear, far from it, but people need to be aware of the fallacy behind the siren call of "oh it will be all so easy, we just walk away", as there are a lot of specifics to be discussed, really a lot of specifics.

more here, for those interested

I've hired cars in the USA, Malaysia, Spain (before and after she joined the EEC) without any issue at all. Why should there be a problem with the EU?

Mutual recognition of driving licences has got sod all to do with the EU. This is an imaginary problem.

Our boneheaded brexiter at his finest.

Quite, bluster and ignoring much of the details based on one minor part that's already been covered. As previously, some don't want to understand. Don't underestimate the destructive potential of those with not much clue.

It isn't bluster. It is simple fact.

I've driven in many countries around the world without any ptoblems. Why on Earth should there be a problem for us. Is there a problem for Turkish lorry drivers?

I've driven in France, Spain, Italy, Holland and Belgium before the EU existed. I was never even asked to produce a UK Licence.

I'm not the one being boneheaded here.

We had mutual recognition of licences before we joined the EEC/EU. Anybody who imagines that there will be a problem after we leave is fearmongering.

I know of a better word than "fearmongering". It begins with "B".

looks like the remain snowflakes are just doing what snowflakes always do.

[Northern Munkee]

More lunacy

http://m.insurancebusinessmag.com/uk/news/breaking...

[Pan Pan Pan]

Northern Munkee said:

More lunacy

http://m.insurancebusinessmag.com/uk/news/breaking...

But no surprise it is after all the EU. Wonder what mental, and verbal gymnastics the remain snowflakes are going use to explain this one away?

[powerstroke]

Northern Munkee said:

More lunacy

http://m.insurancebusinessmag.com/uk/news/breaking...

Hmm does any normal adult still wonder why people voted leave ... .

[davepoth]

Northern Munkee said:

More lunacy

http://m.insurancebusinessmag.com/uk/news/breaking...

Makes sense in a European context because most countries insure the car and not the driver. Still stupid in a UK context though.

[sidicks]

davepoth said:

Makes sense in a European context because most countries insure the car and not the driver. Still stupid in a UK context though.

It's almost as if a 'one size fits all' approach doesn't work...

[Jockman]

kurt535 said:

Jockman said:

kurt535 said:

.....price of property in frankfurt has stormed up in value in anticipation of relocations lined up.

Nothing to do with "strong economic growth, 1.1 million refugees, high work-related immigration, weak construction supply and low interest rates"?

Refugees tend to devalue property areas.

No, squarely increased post - Brexit vote.

Not hard to understand why that would happen surely?

This is at odds with the Global Property Guide.

http://www.globalpropertyguide.com/Europe/germany/...

All German property prices have been rising, not just Frankfurt.

It's akin to saying that all house prices rise in London are the result of the City of London.

[don'tbesilly]

kurt535 said:

Jockman said:

kurt535 said:

.....price of property in frankfurt has stormed up in value in anticipation of relocations lined up.

Nothing to do with "strong economic growth, 1.1 million refugees, high work-related immigration, weak construction supply and low interest rates"?

Refugees tend to devalue property areas.

No, squarely increased post - Brexit vote.

Not hard to understand why that would happen surely?

'Germany´s housing market price rises have been accelerating for several months. In a country where the housing market has historically been extraordinarily stable, this is a significant shift. The reasons? Strong economic growth, 1.1 million refugees, high work-related immigration, weak construction supply and low interest rates'.

As for Frankfurt:

In South Germany:

Frankfurt had the weakest y-o-y apartment price hike in South Germany, increasing by 3.29% to €2,600 (US$ 2,827) per sq. m. The same is true for its one- and two-family houses, which rose by only 1.44% to €2,219 (US$ 2,413) per sq. m.

Apartments in Munich enjoy the highest y-o-y price hike in the region, increasing by 10.52% to €4,821 (US$ 5,241) per sq. m. One- and two-family houses had a price increase of 5.75% to €3,627 (US$ 3,943) per sq. m.

In Stuttgart, apartment prices rose by 9.07% to a median price of €2,519 (US$ 2,739) per sq. m., while the median price of one- and two-family houses rose by 8.29% to €2,525 (US$ 2,745) per sq. m.

[chrispmartha]

Northern Munkee said:

More lunacy

http://m.insurancebusinessmag.com/uk/news/breaking...

Personally I'd like a bit more detail on that before getting all frothy mouthed, it's pretty unclear in that article what the actual changes are and as the main quotes are from The Sun and the Daily Mail id day the original source material isn't exactly impartial.

Also the EU are responsible for making insurance premiums the same regardless of gender, was that popular on here?

[Trabi601]

powerstroke said:

Northern Munkee said:

More lunacy

http://m.insurancebusinessmag.com/uk/news/breaking...

Hmm does any normal adult still wonder why people voted leave ... .

I'm filing that under false / exaggerated news, as the only media sources I've seen for it are the Mail, Express and Sun.

[anonymous-user]

Trabi601 said:

powerstroke said:

Northern Munkee said:

More lunacy

http://m.insurancebusinessmag.com/uk/news/breaking...

Hmm does any normal adult still wonder why people voted leave ... .

I'm filing that under false / exaggerated news, as the only media sources I've seen for it are the Mail, Express and Sun.

It's true. It's all over the trade press.

It means that if you have an accident with an uninsured driver when you yourself are uninsured then you can claim from the central pool.

[davepoth]

sidicks said:

It's almost as if a 'one size fits all' approach doesn't work...

Almost.

[Trabi601]

desolate said:

It's true. It's all over the trade press.

It means that if you have an accident with an uninsured driver when you yourself are uninsured then you can claim from the central pool.

The trade media, from what I can see, picked it up from the Mail, 1 day after publication.

[anonymous-user]

Trabi601 said:

The trade media, from what I can see, picked it up from the Mail, 1 day after publication.

Whoever came first it's 'real' news.

In the real world it will have little impact but there are some interesting points of principle.

[don4l]

Trabi601 said:

powerstroke said:

Northern Munkee said:

More lunacy

http://m.insurancebusinessmag.com/uk/news/breaking...

Hmm does any normal adult still wonder why people voted leave ... .

I'm filing that under false / exaggerated news, as the only media sources I've seen for it are the Mail, Express and Sun.

Do you trust The Times? Or do you just believe anything that you want to believe regardless of the evidence?

http://www.thetimes.co.uk/article/eu-makes-us-all-....

[chrispmartha]

desolate said:

Trabi601 said:

The trade media, from what I can see, picked it up from the Mail, 1 day after publication.

Whoever came first it's 'real' news.

In the real world it will have little impact but there are some interesting points of principle.

What happens at the moment if an insured driver and an uninsured driver have an accident and the insured driver is fully at fault? (Genuine question)

[Trabi601]

don4l said:

Do you trust The Times? Or do you just believe anything that you want to believe regardless of the evidence?

http://www.thetimes.co.uk/article/eu-makes-us-all-....

That didn't come up in my searches. I'd trust that source more than I may trust others.

Interestingly, the Times version of the article contains a very small, but very important detail left out by the rest of the coverage.

[anonymous-user]

don4l said:

Do you trust The Times? Or do you just believe anything that you want to believe regardless of the evidence?

http://www.thetimes.co.uk/article/eu-makes-us-all-....

Why would anyone trust The Times?


The principle of indemnification is upheld by the ruling. Which is pretty fundamental.

But it seems a bit queer that the victim is indemnified from a pot that they didn't see fit to pay into.

[chrispmartha]

Trabi601 said:

don4l said:

Do you trust The Times? Or do you just believe anything that you want to believe regardless of the evidence?

http://www.thetimes.co.uk/article/eu-makes-us-all-....

That didn't come up in my searches. I'd trust that source more than I may trust others.

Interestingly, the Times version of the article contains a very small, but very important detail left out by the rest of the coverage.

Do tell (paywall)