House Price Rise by 16% forecast....CEBR

chucky

shortchanged wrote: »

Only in the Express.

actually it's a CEBR report with details of the report in the Express.

isn't this the same CEBR that poor Brit uses when they have negative forecasts but he doesn't like anymore..

Pimperne1

crash123 wrote: »

Didn`t the CEBR predict house price rises of 30% between 2008 and 2011 or something like that.

This is what they said in August 2010:

"The Centre For Economics And Business Research (CEBR) said prices will increase 4 per cent this year and continue rising until 2014, mainly due to a shortage of homes in the UK and low interest rates."

mystic_trev

Pimperne1 wrote: »

This is what they said in August 2010:

"The Centre For Economics And Business Research (CEBR) said prices will increase 4 per cent this year and continue rising until 2014, mainly due to a shortage of homes in the UK and low interest rates."

It's got to be said they're hardly consistant - this only three months ago.

CEBR reverses claim house prices will rise

http://www.thisismoney.co.uk/mortgages-and-homes/house-prices/article.html?in_article_id=522843&in_page_id=57

mcc100

Sibley wrote: »

This is the news we have been waiting for. Fantastic start to the day.

You call this news !!!!!!!! :rotfl::rotfl::rotfl:

http://www.express.co.uk/posts/view/247371/Our-driest-two-months-and-now-a-heatwave-Our-driest-two-months-and-now-a-heatwave-Our-driest-two-months-and-now-a-heatwave-

The Daily Express is renowned for laughable headlines ........ I hope everyone enjoyed the heatwave for the past two weeks ....

Pimperne1

mystic_trev wrote: »

It's got to be said they're hardly consistant - this only three months ago.

CEBR reverses claim house prices will rise

http://www.thisismoney.co.uk/mortgages-and-homes/house-prices/article.html?in_article_id=522843&in_page_id=57

I'm not sure that is inconsistent with what they are currently saying. From the article:

"And while a shortage of lending will be allied to a further dip in house prices for the rest of this year, they say the market is now “close to the bottom” and will soon start rallying".

abaxas

Sibley wrote: »

I know it's difficult for some people to deal with but the fact of the matter is if you are renting now you will be funding somebodys retirement.

If you buy the seller will have a lump sum or you can rent and give them a monthly income.

That's why there is so much bitterness.

Depending on the rental value, they may also be funding their own deposit!

rockitup

shortchanged wrote: »

Only in the Express.

I think I'll rush out and buy a little housing portfolio now. So if I buy 10 houses now at £100,000 a pop with IO mortgages, in 4 years time it will net me a tidy little £160,000 pre tax profit.

That's a cracking little return. Beats a savings account hands down...........................................................before I do this now is it guaranteed to make me rich??

Yes it is guaranteed by the HASCS

Hamish and Sibbers Compensation Scheme:rotfl::rotfl::rotfl:

ruggedtoast

This headline is preposterous. It tells us nothing about Maddie or caravanning holidays in places where they speak English.

It does have a picture of Cheryl Cole on it though which just about saves it.

DervProf

Hamish's **** is soar, after reading Express headline.

Turnbull2000

Only a matter of time until house prices are booming again. Could be as soon as 2013. The media will then start playing it up as the greatest thing ever, the Tories will be pouring more money into shared-ownership, 100% mortgages will return and all the supposed lessons of the past will be forgotton. I'm afraid you can't fight human nature.

With regards to that headline, sellers and EAs will soon start pricing higher in the expectation of further increases, and the already widespread reluctance to sell below 2007 prices will become overwhelming.