What effect will the Trump presidency have on UK house prices?

[AThirdWay]

9 hours ago, South Lorne said:

...yeah ...the PM of Mexico is already promising to help Trump stem the flow.....honesty pays dividends ...the elite politically correct snouters who have no experience of real life should take note ...and emigrate to somewhere appropriate ...maybe with the penguins in Antarctica....

Unsurprisingly Mexico and Canada have indicated that they are happy to discuss NAFTA, haven't read/heard any quotes on stemming the flow?

You're tripping when it comes to the "elite politically correct snouters" by the way. Who is being considered as treasury secretary.... JPMorgan's very own Jamie Dimon. Trump described him as " the worst banker in the United States" a couple of years ago, now he's being offered a seat at the trough.

As per my previous comment, Trump took the money, he will do the donors bidding.

[Kiwi Toast]

2 hours ago, Mrs Bear said:

In the aftermath, it's  driving her mad that so many are saying she was rejected because she's a woman.  No, it's because she was the wrong woman. 

Yes. Elizabeth Warren could run in four years to test that hypothesis.

Part of the problem this time for the Democrats was arguably that Sanders started his campaign too late. Perhaps he was waiting to see if Warren would run. Or he just didn't believe he could win and ran with the goal of shifting Clinton away from neoconservatism.

[wub1234]

The society is so corrupt and markets so irrational by now that it's almost impossible to predict what will occur.

Almost the complete opposite has occurred in financial markets after Trump's election compared to what was expected. This is because they are not remotely rational, they are dictated by knee-jerk speculators. Exactly the same applies to the housing market.

All we can say with any confidence is that the housing market is in a massive bubble. It will probably get worse. Some people will make a tonne of money while it gets worse. Eventually it will burst. Some people will make a tonne of money when this happens. Some people will get burnt when this happens. Almost without exception, the rich will get richer and the poor will get poorer whatever happens and whenever it happens.

[MarkG]

10 hours ago, 80sBaby said:

Yeah, in Lincoln's times, but beyond that, the racists with the Democrats went to the GOP because democrats were not hardcore enough. It always amazes me, this aburd notion makes the rounds.

That'll be why 18 Democrat Senators tried to filibuster the Civil Rights Act, and only one Republican.

It always amazes me when this 'Republicans are racists' notion makes the rounds.

[MarkG]

11 hours ago, 80sBaby said:

 if he undertakes a huge infrastructure building plan, I don't see how they can keep rates this low!

There are a ton of agencies like the EPA and Department Of Education that can simply be defunded and their money spent on something useful. Eliminating the laws that protect 'healthcare' from the free market would save hundreds of billions more.

So, while his Keynsian plan seems optimistic (if not silly), it's not impossible to fund.

[bear.getting.old]

9 hours ago, wub1234 said:

The society is so corrupt and markets so irrational by now that it's almost impossible to predict what will occur.

Almost the complete opposite has occurred in financial markets after Trump's election compared to what was expected. This is because they are not remotely rational, they are dictated by knee-jerk speculators. Exactly the same applies to the housing market.

All we can say with any confidence is that the housing market is in a massive bubble. It will probably get worse. Some people will make a tonne of money while it gets worse. Eventually it will burst. Some people will make a tonne of money when this happens. Some people will get burnt when this happens. Almost without exception, the rich will get richer and the poor will get poorer whatever happens and whenever it happens.

No the highly leveraged BTL portfolio holders of which their are many in the UK will go bankrupt. They were never rich, only on paper

[Saving For a Space Ship]

Quote

Spoiled Americans now want to flee what they created

The reactions of many Americans to the Trump victory is a symptom of their political immaturity.

 "The nightmares liberals have over Trump are nothing compared to the dictatorships they forced others to live under"

http:// www.aljazeera.com/indepth/opinion/2016/11/spoiled-americans-flee-created-161110075835725.html

oh the irony 

Edited November 12, 2016 by Saving For a Space Ship

[eek]

8 hours ago, bear.getting.old said:

No the highly leveraged BTL portfolio holders of which their are many in the UK will go bankrupt. They were never rich, only on paper

Most were only rich if you ignored the mortgages against those portfolios. 

[AThirdWay]

This'll teach the elites that their time is nigh!

 

[billybong]

The next Presidential election could be the really interesting one if Trump does instigate those extremely unbalanced tax cuts and doesn't do the other stuff he promised (the other stuff he virtually guaranteed).  To be fair he wasn't hiding the fact that he proposed tax cuts for the wealthy.  He was open about it so it wouldn't be a lie if he did it - he still got elected.

I think he will do what he what he said he would do (real change - doing what he said he would do) - but time will tell.

Edited November 12, 2016 by billybong

[80sBaby]

On 11/11/2016 at 5:45 PM, MarkG said:

That'll be why 18 Democrat Senators tried to filibuster the Civil Rights Act, and only one Republican.

It always amazes me when this 'Republicans are racists' notion makes the rounds.

Ah yes, the Dixie democrats....yes. Remind me, who is enacting voter ID laws?

Truth be told, all parties in the US and UK were racist historical. Currently, that charge can only be leveled at one party in US and UK.

[XswampyX]

3 hours ago, AThirdWay said:

This'll teach the elites that their time is nigh!

 

You have to pay it first before you can get a tax cut..... I call lefty bull$hit!

Source :- http://www.marketwatch.com/story/45-of-americans-pay-no-federal-income-tax-2016-02-24

[zugzwang]

On 11/11/2016 at 3:58 PM, wub1234 said:

The society is so corrupt and markets so irrational by now that it's almost impossible to predict what will occur.

Almost the complete opposite has occurred in financial markets after Trump's election compared to what was expected. This is because they are not remotely rational, they are dictated by knee-jerk speculators. Exactly the same applies to the housing market.

All we can say with any confidence is that the housing market is in a massive bubble. It will probably get worse. Some people will make a tonne of money while it gets worse. Eventually it will burst. Some people will make a tonne of money when this happens. Some people will get burnt when this happens. Almost without exception, the rich will get richer and the poor will get poorer whatever happens and whenever it happens.

There's nothing remotely irrational about the market's response. The casino owners clearly believe that Trump will deliver a succession of free-spending, Gipper-style 'guns and butter' budgets, and to hell with the consequences. Even better if he can find a way to revoke the regulatory legislation that was introduced after 2008. Then the Masters of the Universe really would be back on their game!

 

Edited November 13, 2016 by zugzwang

[iamnumerate]

16 hours ago, 80sBaby said:

Ah yes, the Dixie democrats....yes. Remind me, who is enacting voter ID laws?

Truth be told, all parties in the US and UK were racist historical. Currently, that charge can only be leveled at one party in US and UK.

No the Lib Dems have some anti Jewish hatred as well as Labour.  Unfortunately for Muslims they are far more likely to be likely to be murdered by another Muslim than a non Muslim (which must make going to the Mosque exciting).  In the last 18 months at least 3 Muslims have been killed by Muslims in the UK and none by non Muslims although I welcome any figures proving me wrong.

[80sBaby]

20 hours ago, iamnumerate said:

No the Lib Dems have some anti Jewish hatred as well as Labour.  Unfortunately for Muslims they are far more likely to be likely to be murdered by another Muslim than a non Muslim (which must make going to the Mosque exciting).  In the last 18 months at least 3 Muslims have been killed by Muslims in the UK and none by non Muslims although I welcome any figures proving me wrong.

3? That statistic is a fallacy and you know it! This it problem with you, your argument is based entirely on flawed or selective data. If we include:

1. Tobaco

2. Alcohol

3. Vehicle

4. Natural causes. (Nature is atheists!)

You will discover vast majority if Muslim deaths in the UK attributed to Non Muslim causes! ? 

Whilst your post did actually make me laugh, let's not highjack this thread. All of the above was intended with good humour! 

 

[iamnumerate]

50 minutes ago, 80sBaby said:

3? That statistic is a fallacy and you know it!

You will discover vast majority if Muslim deaths in the UK attributed to Non Muslim causes! ? 

I am sorry I should have said last 19 months (one in Acton, one in Glasow and one in Rochdale).

 

But lets not hijack this thread.  BTW I was talking about murders not all deaths - that is why I said used the word murder

[AThirdWay]

1 hour ago, iamnumerate said:

I am sorry I should have said last 19 months (one in Acton, one in Glasow and one in Rochdale).

 

But lets not hijack this thread.  BTW I was talking about murders not all deaths - that is why I said used the word murder

Very few attacks end in death. How many assaults on Muslims by non-Muslims, and what is the year-on-year comparison?

[Bear Hug]

FT: Global bond sell-off deepens in Trump growth bet

Good news continue this week?

[iamnumerate]

18 hours ago, AThirdWay said:

Very few attacks end in death. How many assaults on Muslims by non-Muslims, and what is the year-on-year comparison?

Hard to say, I very much doubt you can find the number of Muslims being attacked by Muslims either.