Monday, September 15, 2014

Yes could be bad for Scottish house prices

Independence could be ‘catastrophic’ for Scotland’s house prices

A Yes vote could be very bad for house prices in Scotland, says MoneyWeek's Merryn Somerset Webb.

Posted by andrew.williams @ 01:43 PM (4104 views)
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5 thoughts on “Yes could be bad for Scottish house prices

  • Doesn’t really matter as the pro-Yes voters are overwhelmingly either:

    * Pro indi zealots who really don’t care about the consequences but want separation on any terms (the more intelligent/better educated sort of Yes voter, misguided though they are)
    * The great unwashed/uneducated (lots of them in social housing) who believe they have nothing to lose regardless – they are wrong of course but they have been assiduously courted by Salmond in every speech and pronouncment, some of them seem to think this is a last gasp chance to vote against Margaret Thatcher

    Anyone who really cares about financial security is already on the No side of the vote.

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  • And her piece of ‘scare mongering’ would have nothing to do with the fact she has a potentially bad ‘investment’ in a house north of the border.

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  • That is why a simple majority should not pass such a momentous change. It should require 2/3 majority, and even then, that kind of majority is probably required to have more than 50% of the electorate pass it.

    We also need a pro-British version of Ulster on the borders, given that the border Counties are overwhelmingly pro Unionist and failure to provide that split would cause Scotland to break up later on.

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  • “Bad” as in they may return to a reasonably affordable price? or “Bad” as they will increase further from an already bubble level?

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  • “Bad” as in they may return to a reasonably affordable price? or “Bad” as they will increase further from an already bubble level?

    No. Bad as it will effect the value of Libby’s house investment…..;-)

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