Hooray! Housing Market Rockets!!!!!

Cannon_Fodder

“Overall home owners thought house prices will rise 5.4 per cent in the next two years and 11 per cent in the next five. That’s a terrific boost for the market.”


2.something% per annum is a "terrific boost" akin to a "rocket" ?

Seems like a sensible, stable, currently below inflation, amount of growth.

boomerangs

This ain't news, the Daily Mail/Express/Nazi runs this headline at least 3 times a week. What a useless rag of a paper.

chucky

Cannon_Fodder wrote: »

“Overall home owners thought house prices will rise 5.4 per cent in the next two years and 11 per cent in the next five. That’s a terrific boost for the market.”


2.something% per annum is a "terrific boost" akin to a "rocket" ?

Seems like a sensible, stable, currently below inflation, amount of growth.

looks like it ain't going to be doing those deposits any favours as they get eroded by inflation. ouch...

92203

Cleaver wrote: »

We all have vested interests in the property market, including yourself which is why you logged on to a forum to read a thread about a house price article by the Daily Express and were interested enough to comment on it.

Agreed, however from the articles I've seen on the express website, it would appear that they have a vested interest in seeing prices inflate above their current unaffordable levels.

The prospect of home ownership becoming more unaffordable to people starting out in life is not something to celebrate about at all.

zappahey

Daily_Express wrote:

...with evidence that mortgage approvals had almost doubled.

I'm struggling to see the evidence for this. Am I missing something?

DaddyBear

A front page article based on a survey of homeowners on house prices. Wiping your bum with this paper would be too good for it.

Cleaver

zappahey wrote: »

I'm struggling to see the evidence for this. Am I missing something?

For the first Muslim Miss America? She's right there in a photo. The one wearing a sash I mean, not Liam Byrne.

zappahey

Cleaver wrote: »

For the first Muslim Miss America? She's right there in a photo. The one wearing a sash I mean, not Liam Byrne.

Fair enough, my approval of the Express certainly doubled. Isn't it handy how the quote function always reposts the image :j

martinbuckley

HAMISH_MCTAVISH wrote: »

Couldn't resist......
:beer:

Me neither...

Cleaver

92203 wrote: »

Agreed, however from the articles I've seen on the express website, it would appear that they have a vested interest in seeing prices inflate above their current unaffordable levels.

Yes, to sell papers. Their readers obviously like seeing articles and stories about high house prices so they print them.

Like the Daily Sport do with breasts, like the Guardian do with liberal stuff and like The Mail does about immigrants.