AS YOU read this week’s market comment you may be wondering where precisely this country is going, what got us here in the first place and what effect little you or I can have in changing all this.

Well the time is approaching, namely June 23, when we all have our vote to decide whether or not we remain in the European Union – or mutiny.

When David Cameron announced his promise of a referendum for the British people to decide their destiny, I am sure that he had not envisaged the sheer mess that appears to have been the result as some say stay while others say ‘Brexit’.

To stay or to leave has consequences for all.

Yet I think the biggest dilemma is that nobody knows long term whether it is best to stay or, as Wham would say, ‘wake me up before you ‘go-go’’.

Already we have seen our chancellor George Osborne state that house prices will drop 18 per cent if we leave.

Meanwhile Duncan Smith has called his comments that of ‘Pinocchio’. This is all fear mongering depending on which side of the seesaw you wish to sit.

I know that, should we vote to leave, this for some will be a massive shock to the country, the European community, and the rest of the world.

I say this because any exit will create a situation where we find ourselves in unknown territory.

Under such circumstances you usually find that people do not know what to do next so do nothing waiting for something to happen elsewhere.

Hence when house prices drop, people do not buy until they reach the bottom and start to rise again.

House prices are already above the last 2007 peak when the market crashed due to the lack of liquidity in the major mortgage lenders – namely Northern Rock.

Some would say that prices and even rents are artificially too high and some trigger is needed to cause prices to drop.

Hence the chancellor’s comments that any exit would cause prices to drop as the whole country started to work out how to adjust within unknown territories.

Coupled with this there appears to be a leadership battle within the Tories, exit or remain which also creates economic difficulties irrespective of the results.

The country has not had such a dilemma in decades with no clear direction to take.

Even retail services, manufacturing, agriculture, tourism, education, service industry, old and young, for or against immigration, all have differing opinions depending on what personally affects you the individual.

Hence each vote counts and we who decide to vote will be changing history.

For better or worse, I think nobody knows and, whatever the result, I think the country is still heading for turbulent times.