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Debate House Prices


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UK House Prices Will Hit "All Time High" by 2015

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Comments

  • doire_2
    doire_2 Posts: 2,280 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    Oh dear its the CEBR again with another of their predictions. They haven't got the best prediction record have they
  • abaxas
    abaxas Posts: 4,141 Forumite
    Epic timing. Rome is burning and they put out this.
  • HAMISH_MCTAVISH
    HAMISH_MCTAVISH Posts: 28,592 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    edited 19 August 2011 at 10:45AM
    doire wrote: »
    Oh dear

    For a real "Oh dear" moment, you need to look at the 'predictions' of Moneyweek or Capital Economics. :)

    doire wrote: »
    They haven't got the best prediction record have they

    Better by far than any of the housing bears. :)
    “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”
  • ultrawomble
    ultrawomble Posts: 492 Forumite
    Considering that 63% of the Daily Wail's readership is +55 (and nearly 40% is +65) over 40% of them live in London/South you can see why they would talk up their retirement asset(s).
  • HAMISH_MCTAVISH
    HAMISH_MCTAVISH Posts: 28,592 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    ultrawomble wrote: »
    Considering that 63% of the Daily Wail's readership is +55 (and nearly 40% is +65) over 40% of them live in London/South you can see why they would talk up their retirement asset(s).

    The readership demographic of the paper doesn't make the CEBR's forecast that they're reporting on any more or less likely to be correct.;)
    “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”
  • ultrawomble
    ultrawomble Posts: 492 Forumite
    HAMISH_MCTAVISH wrote: »
    The readership demographic of the paper doesn't make the CEBR's forecast that they're reporting on any more or less likely to be correct.;)

    True, but then you tend to give your readership stuff they want to read.
  • Graham_Devon
    Graham_Devon Posts: 58,560 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    HAMISH_MCTAVISH wrote: »


    Better by far than any of the housing bears. :)

    Yes, because house prices haven't fallen, have they?
  • Cyril
    Cyril Posts: 583 Forumite
    What rubbish.

    Who on earth would see that as a possibility.
    :beer:
  • IronWolf
    IronWolf Posts: 6,445 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    The only certainty in forecasting is that you know it will be wrong :D
    Faith, hope, charity, these three; but the greatest of these is charity.
  • Really2
    Really2 Posts: 12,397 Forumite
    10,000 Posts Combo Breaker
    IronWolf wrote: »
    The only certainty in forecasting is that you know it will be wrong :D

    I forecast BOE base rate to stay at 0.5% next month. :)
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