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Daily Mail headlines house price crash

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Comments

  • gallygirl
    gallygirl Posts: 17,240 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    and that wasn't true either


    (I hope.........)
    A positive attitude may not solve all your problems, but it will annoy enough people to make it worth the effort
    :) Mortgage Balance = £0 :)
    "Do what others won't early in life so you can do what others can't later in life"
  • Tiger_greeneyes
    Tiger_greeneyes Posts: 1,401 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    Why all the willingness to believe anything - so long as it's about a HPC? For every article about a HPC, there's ten about increases - and there's hard evidence that increases are still happening!

    In fact, the only information I've seen about decreases is in one area in Britain - and that was during the first couple of months of the year - ie far more likely to be a seasonal fluctuation than anything else. It happens most years but no HPC has followed - and the market picks up again.

    Why should a HPC happen this year as opposed to last year, the year before, or the year before that? Every year for at least ten years we get headlines about an HPC - yet it's still not happened - in fact, the opposite is true - the market and house prices are booming as ever. That headline is merely conjecture.

    Just because a tabloid newspaper has said something that you obviously badly want to happen, it doesn't mean it will!!! Shock horror - newspapers only print contentious headlines to sell papers, truth doesn't have to come into it!!!

    Remember "Freddie Starr ate my hamster", anyone :D :rotfl:
  • Tiger_greeneyes
    Tiger_greeneyes Posts: 1,401 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    ali007 wrote: »
    and that wasn't true either


    (I hope.........)

    Great minds think alike :rotfl:
  • cwcw
    cwcw Posts: 928 Forumite
    I like this bit:

    "Miss Purang said she thinks a crash is unlikely because the economy is strong, employment is high and interest rates are relatively low. "
  • mrstinchcombe
    mrstinchcombe Posts: 455 Forumite
    If "Miss Purang" says there wont be a crash then there wont be! :rolleyes:
  • BTman
    BTman Posts: 354 Forumite
    Uniform Washer
    I am so looking forward to coming back to this board when prices do eventually start to drop..

    Be warned, I will be a right smug git!!
  • cwcw
    cwcw Posts: 928 Forumite
    mrstinchcombe wrote: »
    If "Miss Purang" says there wont be a crash then there wont be! :rolleyes:

    The point is that "Miss Purang" is the Financial Analyst of the company producing the report on which the article (headlined "Property market on verge of 'bust' warns report") is based. Sensationalism per chance?
  • Generali
    Generali Posts: 36,411 Forumite
    10,000 Posts Combo Breaker
    "There's nothing harder to predict than the future."

    "Markets can remain irrational longer than you can stay solvent."
  • Tiger_greeneyes
    Tiger_greeneyes Posts: 1,401 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    BTman wrote: »
    I am so looking forward to coming back to this board when prices do eventually start to drop..

    Be warned, I will be a right smug git!!

    Why??? All we've done is pointed out that journalists tend to fib (which everyone knows), or because there's no evidence of prices falling (which is fact)?

    Why would anyone want to be smug about people losing their life's savings or their homes? :confused:

    Nice.
  • BTman
    BTman Posts: 354 Forumite
    Uniform Washer
    Tiger_greeneyes wrote: »
    Why would anyone want to be smug about people losing their life's savings or their homes? :confused:

    Nice.

    I can hear the word's "I told you so" being repeated a lot on this board in the coming couple of years.. :cool: :cool:
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