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Debate House Prices


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DAILY EXPRESS: House Prices Up For Third Month!

HOME owners received some much-needed cheer yesterday as analysts predicted Britain could be on the brink of another house price boom.

2009-07-31.jpg

http://www.dailyexpress.co.uk/posts/view/117399


As the media continue to ramp up the property market for the general public (yes 99.9% of population are not MSE/HPC sados) it has to be good for sentiment - the biggest driver of the market.


«13

Comments

  • robin_banks
    robin_banks Posts: 15,778 Forumite
    Part of the Furniture Combo Breaker
    More interested in the Lidl voucher tbh.
    "An arrogant and self-righteous Guardian reading tvv@t".

    !!!!!! is all that about?
  • HAMISH_MCTAVISH
    HAMISH_MCTAVISH Posts: 28,592 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Dan: wrote: »
    HOME owners received some much-needed cheer yesterday as analysts predicted Britain could be on the brink of another house price boom.

    2009-07-31.jpg

    http://www.dailyexpress.co.uk/posts/view/117399


    As the media continue to ramp up the property market for the general public (yes 99.9% of population are not MSE/HPC sados) it has to be good for sentiment - the biggest driver of the market.




    House prices have risen every month since February, which is 5 months in a row, not 3 months.
    “The great enemy of the truth is very often not the lie – deliberate, contrived, and dishonest – but the myth, persistent, persuasive, and unrealistic.

    Belief in myths allows the comfort of opinion without the discomfort of thought.”

    -- President John F. Kennedy”
  • Dan: wrote: »
    HOME owners received some much-needed cheer yesterday as analysts predicted Britain could be on the brink of another house price boom.

    2009-07-31.jpg

    http://www.dailyexpress.co.uk/posts/view/117399


    As the media continue to ramp up the property market for the general public (yes 99.9% of population are not MSE/HPC sados) it has to be good for sentiment - the biggest driver of the market.



    woohooo...
    bring on the drums !
    Please take the time to have a look around my Daughter's website www.daisypalmertrust.co.uk
    (MSE Andrea says ok!)
  • THE INDEPENDENT

    Outlook First the stock market and now property is going on a bit of a run too. It's difficult to remember when we had two such bullish reports on housing – yesterday's mortgage approval figures and Tuesday's house price rises from the Land Registry – in the space of just two days.

    http://www.independent.co.uk/news/business/comment/david-prosser-house-price-uncertainty-not-over-yet-1764655.html
    Please take the time to have a look around my Daughter's website www.daisypalmertrust.co.uk
    (MSE Andrea says ok!)
  • IveSeenTheLight
    IveSeenTheLight Posts: 13,322 Forumite
    House prices have risen every month since February, which is 5 months in a row, not 3 months.

    Their reporting on the seasonal adjusted index, not nominal prices
    :wall:
    What we've got here is....... failure to communicate.
    Some men you just can't reach.
    :wall:
  • Graham_Devon
    Graham_Devon Posts: 58,560 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    Dan: wrote: »
    As the media continue to ramp up the property market for the general public (yes 99.9% of population are not MSE/HPC sados) it has to be good for sentiment - the biggest driver of the market.


    I don't disagree. I'm sure that article will get a lot of people today out there and into the action of starting to look to buy.

    Can't believe it actually made front page headline though. That's some serious ramping.

    However, I will say, without cutting and pasting that massive news article list from the last recession, this isn't much different to what happened then. Infact, it's the same.

    How long can ramping last is the question. I personally didnt think it could last this long but have been proven wrong. But it's shelf life is limited.
  • nearlynew
    nearlynew Posts: 3,800 Forumite
    And Diana is still dead.
    "The problem with quotes on the internet is that you never know whether they are genuine or not" -
    Albert Einstein
  • Dan:_4
    Dan:_4 Posts: 3,795 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker

    However, I will say, without cutting and pasting that massive news article list from the last recession, this isn't much different to what happened then. Infact, it's the same.

    It is different, very different infact - you should not compare this recession to the 90s.
  • IveSeenTheLight
    IveSeenTheLight Posts: 13,322 Forumite
    More interested in the Lidl voucher tbh.

    I'm more interested in the nice picture ;)
    :wall:
    What we've got here is....... failure to communicate.
    Some men you just can't reach.
    :wall:
  • HAMISH_MCTAVISH
    HAMISH_MCTAVISH Posts: 28,592 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Their reporting on the seasonal adjusted index, not nominal prices

    Yes I know, but it's still silly.

    Either a house costs more or it doesn't..... You're not going to pay less because an index was seasonally adjusted.

    The press should be reporting the facts, that prices have now risen for 5 consecutive months, and that a house is now £11K, or 7.5% higher, than it was in February.

    We already know the bears will miss the bottom as we'll be years into a recovery before they realise it isn't a bull trap. Theres no reason the media should be understating the recovery, and misleading others as well.
    “The great enemy of the truth is very often not the lie – deliberate, contrived, and dishonest – but the myth, persistent, persuasive, and unrealistic.

    Belief in myths allows the comfort of opinion without the discomfort of thought.”

    -- President John F. Kennedy”
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