Watch out, the great £50bn property unload is about to begin

Exocet

Blacklight wrote: »

You're the personification of the fickle UK public Carol, with the same short term memory problems.

That presumably means that Carol is right on the money with regards the general UK public perception - well worth reading her posts to get the opinion of the majority then. After all they buy more houses than the oh so clever ones.

Graham_Devon

Exocet wrote: »

That presumably means that Carol is right on the money with regards the general UK public perception - well worth reading her posts to get the opinion of the majority then. After all they buy more houses than the oh so clever ones.

LOL brilliant

carolt

I think one of my strengths is that I do appear to be pretty much Everywoman.

Since the Mail started to be posted on here I've started reading it online (guilty pleasure) and I actually rather agree with most of the comments. (Not the articles, mind you - but the great British public commenting is usually a lot more sensible/kinder than the articles.)

PasturesNew

Round My Way ..... I've been aware (through Property Bee) of falls in prices of commercial property, down as far as 75% off in some cases.... but I've always been sceptical of what I was apparently seeing on PB as over that time the leases will have shortened, so it might have been part/most to do with that, not just price reductions.

However.... I am seeing an awful lot of what I'd call "iconic businesses" being put up for sale. Iconic locally, that is... not to you.

Blacklight

Exocet wrote: »

That presumably means that Carol is right on the money with regards the general UK public perception - well worth reading her posts to get the opinion of the majority then. After all they buy more houses than the oh so clever ones.

In terms of those that read the tabloids whist enjoying a flask of lukewarm tea in the front of their Transit, yes.

Perception is controlled by the media and if they decide to put out three stories of doom and gloom it quickly turns into:

the dozens of bits of news that clearly point to falling house prices

Whilst relegating a 1.1% rise in GDP to a small mention on the bottom of page 9.

It sells papers.

Of course the same thing applies to good news but that doesn't seem to sell quite as well.

Graham_Devon

Ahem, Blacklight.

The GDP figures are the second main story on the BBC News page. It's also on the front page of the Daily Mail site....

All the stuff about dealing in facts? What happened?

Blacklight

Graham_Devon wrote: »

All the stuff about dealing in facts? What happened?

If it's front page news on the Sun and Mirror tomorrow I'll eat my words

FTBFun

carolt wrote: »

Since the Mail started to be posted on here I've started reading it online (guilty pleasure) and I actually rather agree with most of the comments. (Not the articles, mind you - but the great British public commenting is usually a lot more sensible/kinder than the articles.)

Sorry but my experience of the comments in the Mail is that if they're sensible and even-handed, they get the most thumbs down, and vice-versa.

With the honourable exception of the Lord Triesmann "story".

Graham_Devon

Blacklight wrote: »

If it's front page news on the Sun and Mirror tomorrow I'll eat my words

You never cease to amaze me.

JonnyBravo

PasturesNew wrote: »

However.... I am seeing an awful lot of what I'd call "iconic businesses" being put up for sale. Iconic locally, that is... not to you.

And in Cornwall, (the Third World), that can mean the man who mends shoes.