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UK credit rating downgraded by Moody’s


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In what way? When will it impact house prices?

Credit score changes are noteworthy.  Yes, the Government can have back channels to calm nervous investors but it only goes so far.  When institutional panic sets in you have to move fast. If that hits IRs and Libor then, with the leverage going on now, it'll be guns and beans time

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In what way? When will it impact house prices?

The boe need to raise rates, but they won't, it might stop the talk of negative rates though. 

If they don't raise now, it'll just make the final collapse worse and the rates rises higher 

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The aim is inflation, a nice downgrade plus talk of negative rates should juice it up a bit.

pretty much what they were aiming for.  
 

never let a good crisis go the waste

The virus really is a catalyst for all the medium term goals coming to fruition much earlier than planned 

Edited by jiltedjen
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A sterling crisis has been on the cards for a while.

£ depreciation will have some  negative effects on house prices.

Vested interests always say "makes property cheaper for foreign buyers so demand goes up" and the thick public accept this.

Buying a property in the UK does NOT give residency rights and with Brexit, even Europeans cannot simply buy and live here.  And for investment property yields would remain the same as rents are also Sterling denominated    

 

 

 

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A sterling crisis has been on the cards for a while.

£ depreciation will have some  negative effects on house prices.

Vested interests always say "makes property cheaper for foreign buyers so demand goes up" and the thick public accept this.

Buying a property in the UK does NOT give residency rights and with Brexit, even Europeans cannot simply buy and live here.  And for investment property yields would remain the same as rents are also Sterling denominated    

 

 

 

£ depreciation will have an impact on real property costs not nominal 

Also doesn't really help if your deposit savings are in GBP

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.

Vested interests always say "makes property cheaper for foreign buyers so demand goes up" and the thick public accept this.

 

I'd imagine that also depends on what currency the rent is charged in

Edited by Si1
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  • 433 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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