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MSE News: 'House prices could rise 16% by 2014'
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Sisyphean_Task wrote: »What is the average house price today - about £160k?
Oh look..... in Jan 2007 the very same Centre for Economics and Business Research (CEBR) were saying house prices only go up and according to them
"The average UK house price was likely to be £225,000 by 2010"
http://news.bbc.co.uk/1/hi/business/6307239.stm
225-160 = 65
65/160 = about 40% wrong
or if you like to be kind
65/225 = about 27% wrong
These guys are certainly EXPERT!! A cracking THINK TANK!!
CEBR are a bunch of jokers, just google their previous 'predictions', many of them are even more ridiculous than the one you posted.poppy100 -
Is anybody else getting bored of MSE news articles with the words "might" and "could" in them?
Why do they even bother printing this rubbish? Is anyone else getting bored of MSE reproducing absolute drivel just because they have nothing tangible to offer on a money saving site.
It was a great idea when it started off, it's now dropped into an old formulaic site, with the same tired offers repeated again and again and the daily 'forecasts' on house prices, none of which mirror the one produced the day before
I cancelled my weekly email as it was just full of the same of 20% off at Debenhams 'offers' and warnings that oil prices may rise (give me a break, that's pretty much a fait accompli) - I can get better offers than you get on this site just by stalking ebay or walking down the high street.
Great forums, crap site. This post will stay up for about 4 hours until it gets removed as does any which does not congratulate Martin Lewis on his 'fantastic site'0
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