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A comment on Doom, Gloom and Unease: London's Tech Scene Reacts to Brexit. Parent comment

Re:Doom, Gloom and Unease: London's Tech Scene Reacts to Brexit by jhou2 on Friday June 24, 2016 @05:33PM (#11973663)
To some extent, I think this is what Brexit supporters want. With fewer jobs in London and rest of UK, and more border controls, the attraction of the UK for migrants decreases significantly. The ultra heated real estate market can finally cool down a bit.
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Re:Doom, Gloom and Unease: London's Tech Scene Reacts to Brexit by henrikschroder on Friday June 24, 2016 @07:45PM (#11974372)
Yeah, look at Detroit, that's a great example of what a cooled down economy and real estate market looks like...
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Re:Doom, Gloom and Unease: London's Tech Scene Reacts to Brexit by illumin8 on Friday June 24, 2016 @07:34PM (#11974322)
Everyone wants a less heated real estate market - ask California - until they realize that cold real estate markets indicate a lack of jobs and economic hardship.
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Re:Doom, Gloom and Unease: London's Tech Scene Reacts to Brexit by gammarator on Saturday June 25, 2016 @12:10AM (#11975176)
London (and Vancouver) real estate is being driven by rich overseas buyers, though--it's disconnected from the strength of the local economy, except insofar as those places are believed to represent a safe store of value.

How can a regional economy be stable if the median worker can't afford housing?

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