Opportunities for Landlords Post Brexit

Now the decision is what it is, a small correction in Sterling that does not unduly affect inflation, is not necessarily a bad thing for our current account deficit longer term. The Pound has been kept strong due to the poor performance of the Euro in turn artificially keeping the German currency high compared to its trade balance.

Throughout the campaign Boris Johnson kept repeating nonsense on economic matters (on all matters, actually).
If he does become PM I do hope that he will surround himself with serious people (not holding my breath).

The very issue before us is that we do not know how things are going to pan out, and that uncertainty may continue for years.
This is pretty bad for all long term investment decisions.

"The UK is now in a strong position to control immigration. We can welcome workers and discourage benefit claimants." - no it isn't, unless we decide we do not want to trade with the EU. Norway, which is not a member of the EU, had to sign up to free movement, to enable it to trade with the EU.

Reply to the comment left by "Romain Garcin" at "24/06/2016 - 11:15":

"The very issue before us is that we do not know how things are going to pan out, and that uncertainty may continue for years."

Agree with that.
Uncertainty is good for existing landlords in a hold position. High demand, low voids, increased rents. Immigration and population increase look set to remain the same in the medium term.
Half a million population increase last year.
Osborne's anti landlord policies now look even dafter, expect to see some reversals from his replacement.

"I do not approve of the ‘doom and gloom’ media approach to the result"

Could this be because the people managing the process are highly likely to have been largely REMAIN voters?

I have to say, the immigrants that I deal with on a daily basis, are here to work and work all the hours available. They pay their taxes and rent, quite the opposite to many born and bred locals. My landlord experience over the past 10 years, has led me to favour them as tenants, as I get far less hassle from them and absolutely no arrears.

As the £ and the FTSE continue to recover quickly it is the European stock markets that are feeling the brunt of Brexit.

Once the uncertainty over leadership is resolved I think it is likely that the UK economy will be seen by the world as a far more safe haven than the EU. Could the £ become the second reserve currency?

The more I listen to pro Remain media and politicians talking the angrier I get. They are like spoiled children trying to talk up a UK recession just to prove themselves right and to save face. Bloody idiots.

I didn't vote because I couldn't do so. Before today I couldn't have decided which way to vote even if I had been allowed to do so. Today is another matter!
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It would be good if people could write to Andrea Leadson and encourage her to put herself forward. Apparently she is very much against S24 and could be our greatest champion. She could even be a contender for Chancellor I have heard. I have written to her today and urge others to as well. It can literally take a few minutes yet have a great impact. This is her email address:

andrea.leadsom.mp@parliament.uk

Hi Ros

Please share the email you sent to her in order to inspire the rest of us..
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I notice that George Osborne is in hiding again. He does that when his awful budgets get pulled apart and he's doing it now, because he knows he's in the firing line. Coward! Come out and face the music, Boyo!