by Sylwia Heller
Now, as England left the EU everyone tries to predict what is going to happen next. Certainly, the majority of British citizens wanted to gain more independence and to reduce immigration. But, what changes will be introduced and how leaving the EU will look like in practice?
Firstly it should be recalled that Britain had a right to leave the EU according to Art 50 of the Treaty of Lisbon. After the decision to leave there are two years for the British government to negotiate the terms of Brexit with the EU. Therefore, the UK is still bound by its obligations and it can still exercise its rights as a member of the EU until the withdrawal becomes legally effective. But, even before that we will be able to see unstoppable changes.
One of the possible outcomes of Brexit is its impact on prices of houses and their numbers. According to the Chancellor, the governor of the Bank of England, prices of houses will decrease by 10-25% by 2018. It is a perfect opportunity for people hoping to buy their first house in the nearest future. Soon, they may be able to buy a house much easier than before as their costs will be £62,000 cheaper in London in two years. It is because of an impact of Brexit on economy. But, the number of new houses will decrease because of tighter immigration rules as a lot of builders come from European countries.
As the number of European immigrants is the highest in London, this city is going to be affected by Brexit the most. Plenty of European nationals living in London may decide or have to leave the city because of the new immigration rules. It will have a great impact on the number of houses to be sold and on the number of people living in that city. Such a situation is going to certainly influence the economy.
But, one of the most probable changes, which will take place is higher control over the borders of the UK. Travelling to the UK will become more difficult. Citizens of the UK will also have to face difficulties with travelling abroad. Free movement of workers and of goods which have been one of the most transparent features of the EU now is coming to an end for Britain.
Some people did not accept the fact of leaving and started to sign a petition to redo the referendum. The petition says that: ‘We the undersigned call upon HM Government to implement a rule that if the remain or leave vote is less than 60% based on a turnout less than 75% there should be another referendum.’ These supporters of remaining in the EU still have hope to change the outcome of the recent referendum.