OG
Much as I agree we live in an extremely divided country geographically, socially and economically its pure speculation this will be worse under Brexit. Infact since the country has got more and more divided over last 35 years there is evidence to suggest it will simply carry on doing so,.
I,ll give you an example.
Myself and best mate both left uni together and both bought houses . He in London, a 2 bed flat for £24k. Myself a 3 bed semi for £12 k midlands in early 70's. There was already a divide, but that divide is now a massive gulf. This week he sold his 2 bed flat ..£975 thousand. I " rightmoved" my old house.Now worth around £160 k..
Yep, you,ll come back saying its irrelevant but it is not. That rise in value represents the same change in the economies of both areas. Successive governments, eu, local governments have only helped make the divide bigger.
Where is your evidence to suggest staying ( or leaving for that matter) have any positive effect in reducing the divide we now see ?
Why should swathes of country exist in poverty yet other areas advance in ways we see. The EU does exactly same, the current system will simply pepetuate under remain..it might change if we leave...but I doubt it..
Sorry,what has the capital gains in property anything to do with Brexit? Really you have identified that the Brexit vote was used by many as a protest vote identifying the north-south divide. I hope you are pleased for your mate who has probably made more money out of his flat than he has working.
Buying in London has also been about timing,I remember when a housing slump came along and interest rates rocketed,there were many who went bankrupt trying to afford their London property.
But a vote for Brexit will not change the wealth between London and the poorer parts of our country
London has the big salaries,it makes lots of money,it is also the obvious home for foreign money. But hurting the London bank trading will not improve the rest of the country,more it will erode the pot available to all.
Don't forget that you when you bought you had a 3 bedroom home in the Midlands against your friends small flat in London,you enjoyed a lot more space than him for many years. My daughter has just bought a wonderful house in the West Midlands,that would be many millions in London,she has no thoughts of capital gain more a family house,the capital gain is not important the lifestyle takes priority.
Life is not all about money!!!
KudosDave