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House Price Boom Starts Again.......

2009-08-06.jpg

What a refreshing change all this good news is.:D
“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”
«13456712

Comments

  • Well if the express says so it must be true. Better go get myself a 125% mortgage quick
  • Heyman_2
    Heyman_2 Posts: 1,819 Forumite
    I hope your tongue is firmly in your cheek on this one Hamish, that kind of headline is pretty irresponsible journalism IMHO

    The stupidity of that headline is sublime.
  • Really2
    Really2 Posts: 12,397 Forumite
    10,000 Posts Combo Breaker
    2009-08-06.jpg

    What a refreshing change all this good news is.:D

    Reading the other story on the front is that a jail where you receive a wax everyday?:D
  • Those girls look awrite. I'll do the waxing
  • julieq
    julieq Posts: 2,603 Forumite
    Shows a shift though, the press is now just starting to try to be the first to forecast a boom starting.

    I would go through the article to debunk it, but can we all just agree it's the Daily Express and therefore it will be uninformed sensationalism which cherry picks a few unreferenced high numbers to give an impression which isn't borne out on the ground? "Highest rise since the market was falling" is not a great indicator.

    Actually though, one figure yesterday that was missed was a 12% increase in output from carmakers. That is genuinely good news, and quite surprising.
  • Lotus-eater
    Lotus-eater Posts: 10,789 Forumite
    10,000 Posts Combo Breaker
    Bloody Express, bloody Hamish, bloody houses, stupid rises. This is going to give my Express reading, house price bull friend a right boost. This is it now, no way is he ever going to believe house prices will go down again.
    Freedom is not worth having if it does not include the freedom to make mistakes.
  • HAMISH_MCTAVISH
    HAMISH_MCTAVISH Posts: 28,592 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Heyman wrote: »
    I hope your tongue is firmly in your cheek on this one Hamish, that kind of headline is pretty irresponsible journalism IMHO


    Innacurate, possibly. Overly optimistic, almost certainly.

    But irresponsible? Far from it.....

    What this country, and economy, needs now is a concerted campaign of good news to rebuild consumer confidence and spur genuine spending to solidify the recovery.

    The more people believe the crash is over, the more likely it is to genuinely be over, as normal levels of activity come back.

    Self fulfilling prophecy, and all that....;)
    “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”
  • torontoboy45
    torontoboy45 Posts: 1,064 Forumite
    and how reassuring that the d.express remains the authentic oracle on all matters housing.
  • Lotus-eater
    Lotus-eater Posts: 10,789 Forumite
    10,000 Posts Combo Breaker
    Innacurate, possibly. Overly optimistic, almost certainly.

    But irresponsible? Far from it.....

    What this country, and economy, needs now is a concerted campaign of good news to rebuild consumer confidence and spur genuine spending to solidify the recovery.

    The more people believe the crash is over, the more likely it is to genuinely be over, as normal levels of activity come back.

    Self fulfilling prophecy, and all that....;)
    Sweet Jesus. Another house price boom is good news is it?
    You are so full of it.
    Freedom is not worth having if it does not include the freedom to make mistakes.
  • StevieJ
    StevieJ Posts: 20,174 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    julieq wrote: »

    Actually though, one figure yesterday that was missed was a 12% increase in output from carmakers. That is genuinely good news, and quite surprising.

    Not really seeing as they had cut stocks to the bone by cutting or stopping production previously.
    'Just think for a moment what a prospect that is. A single market without barriers visible or invisible giving you direct and unhindered access to the purchasing power of over 300 million of the worlds wealthiest and most prosperous people' Margaret Thatcher
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