Daily Express more desperate than Hamish to prop up falling house prices

FTBFun

Pimperne1 wrote: »

Well I would say that it exercises an influence on the mindset of the HPC brigade who revel in any bad news on house prices and despair in any good news. If it does nothing else then it provides a welcome salvo against the doom mongers.

Do you think you could get through a thread without referring to HPC? No-one cares.

Pimperne1

FTBFun wrote: »

Do you think you could get through a thread without referring to HPC? No-one cares.

I thought you cared when you asked:

"If anyone seriously believe a rag like the Express exercises any influence whatsoever on anything, let alone house prices, then they need their head examined quite frankly.

Percy1983

House prices have surged 500000% since the birth of christ....

(PS random figure picked off the top of my head, may not be accurate).

zappahey

DervProf wrote: »

I`ve said on many occasions that I think the media plays a part in the pricing of property, only to be told that it's all down to supply and demand / other factors.

Which merely demonstrates that you don't understand supply and demand.

MacMickster

So house prices are higher than 10 years ago! Who would have thought it? You have to wonder why the Express considers this to be front page news, rather than a small report on page 27 (where it belongs).

How many of the other major newspapers regarded this as a headline due to there being no real news around today?

http://www.ukheadlines.blogspot.com/

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• Miliband declares war on capitalists: 'Asset strippers' are targeted amid poll gloom - 27 September 2011
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• Defence giants BAE Systems could axe 3,000 jobs as military cuts bite - 27 September 2011

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MacMickster

Percy1983 wrote: »

House prices have surged 500000% since the birth of christ....

(PS random figure picked off the top of my head, may not be accurate).

Don't worry about it. 94.78% of statistics quoted on any internet forum are made up on the spot.

nearlynew

Turnbull2000 wrote: »

The bears just don't get it. They're up against very powerful interests, many of whom will release such 'research' regularly (which the press will happily regurgitate) to keep the past price performance of housing in the mind of the nation.

It's a pity you haven't been able to take advantage of these rising prices.

(well done to your sister, though)

Percy1983

I figure the following for the last decade:

CPI 26.82%
RPI 35.22%

Iamdave

Go on youtube and search for russel howard on newspapers, pretty much a perfect description of them all. (I can't post a link as i'm in work)

"oh if only Diana was here!"

Dan:_4

FTBFun wrote: »

If anyone seriously believe a rag like the Express exercises any influence whatsoever on anything, let alone house prices, then they need their head examined quite frankly.

The general public love it and will never lose faith in property. Sure there a few [skint] envious folk around, like those that like to frequent this forum who slag it off [worried] but at the end of the day this headline will ensure high volume sales.