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Property price war - Daily Mail lays into it's readers

Graham_Devon
Graham_Devon Posts: 58,560 Forumite
Part of the Furniture 10,000 Posts Combo Breaker
Amused me anyway.

An article on BTL in the daily mail led to over 700 comments, of which "only a minority of the comments agreed with the landlords".

Which is just outrageous!

So, he's typed up another article, having a go at the people leaving the comments and basically stating they are all hysterial loonies. They are wrong about a house price crash and wrong to say anything of the sort.

Something in the content for everyone on this forum....some will agree with the comments, some will agree with the secondary article having a go. He lays into the housepricecrash website, almost convined all the comments came from there....which is impossible. He sums up at the end that house prices will only rise from here and that everyone is pretty much wrong....then publishes his outburst to the country.

However, when it get to this stage in the press, and the ress turns on it's own readers to state how property is king.....well, all gone a bit pear shaped hasn't it?

http://www.thisismoney.co.uk/money/mortgageshome/article-2334333/RICHARD-DYSON-Property-prices-climbing.html
Hardly any financial subject excites as much furious debate as property prices. Last Sunday we reported the startling results of a reader survey in which two-thirds of more than 1,000 respondents said they were using buy-to-let property to fund their pension.

Immediately, many of you turned to the internet to voice your opinions. By Friday, more than 700 comments had been posted on our online pages on the subject of buying-to-let and the wider property market.

A minority of comments agreed with the landlords we featured. They spoke of profits they had made through property and cited growing tenant demand and low interest rates as reasons for the boom to continue.
Doom-laden forecasts have been a persistent feature of all commentary on housing for as long as I can remember.

Someone has predicted a huge housing crash at every step of the market’s primarily upward journey.

Websites such as Housepricecrash exist to discuss little else than when the fall will come and how big it will be.
So far they have been wrong. Prices have stagnated, and fallen even quite sharply in some parts, but they have not crashed. For whatever reason or reasons, the property apocalypse that pessimists predicted (or hoped for) hasn’t materialised.
Do like the press having a pop at their readers though!
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Comments

  • wotsthat
    wotsthat Posts: 11,325 Forumite
    Last Sunday we reported the startling results of a reader survey in which two-thirds of more than 1,000 respondents said they were using buy-to-let property to fund their pension.

    Two thirds of Daily Mail readers are using BTL to fund pensions?

    That's startling to me as well. Can't be true can it?
  • the_flying_pig
    the_flying_pig Posts: 2,349 Forumite
    wotsthat wrote: »
    Two thirds of Daily Mail readers are using BTL to fund pensions?

    That's startling to me as well. Can't be true can it?

    it's obviously not true that two thirds of all people are using BTL.

    it's just mathematically impossible.

    imagine a population of 100 people - if 66 of them are into BTL that only leaves 33 people to be tenants.

    of course it's possible for a small survey group somewhere to have 2/3rds of people into BTL.
    FACT.
  • HAMISH_MCTAVISH
    HAMISH_MCTAVISH Posts: 28,592 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    He lays into the housepricecrash website, almost convined all the comments came from there....which is impossible.

    HPC is well known for encouraging members to comment bomb any online house prices article.

    There are about 500 active posters on HPC, and another 1500 or so sympathetic members of "Priced Out" and the like who may read the site regularly but only post very occasionally.

    Getting say, 600 of the 700 comments from HPC readers, some of which were multiple comments from the same people, is hardly "impossible".

    I've previously observed that comments on these stories often only number a dozen or so, with an even balance of opinions, until it is linked to from HPC. Then a few hundred comments appear, and almost all are against rising house prices.

    The same thing happens in online polls, and with the green/red comment arrows, and indeed HPC-ers often brag about flooding these to skew the results.

    The media are not stupid, they are able to see the increase in comments that hits immediately after a story is linked to from HPC, so they know full well where it comes from.
    “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”
  • dryhat
    dryhat Posts: 1,305 Forumite
    Most people are begining to realise how damaging, both economically and socially, high house prices are.

    people are just waking up to the con.

    It's as simple as that.

    The only people who still think high house prices are good are just idiots and not worth listening to or arguing with.
  • wotsthat
    wotsthat Posts: 11,325 Forumite
    it's obviously not true that two thirds of all people are using BTL.

    it's just mathematically impossible.

    imagine a population of 100 people - if 66 of them are into BTL that only leaves 33 people to be tenants.

    of course it's possible for a small survey group somewhere to have 2/3rds of people into BTL.

    I grasped that.

    Aren't you vaguely surprised that 1000 respondents to a DM survey claimed that they were using BTL to fund retirement.

    I reckon there's been some mischief making going on
  • Graham_Devon
    Graham_Devon Posts: 58,560 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    HPC is well known for encouraging members to comment bomb any online house prices article.

    There are about 500 active posters on HPC, and another 1500 or so sympathetic members of "Priced Out" and the like who may read the site regularly but only post very occasionally.

    Getting say, 600 of the 700 comments from HPC readers, some of which were multiple comments from the same people, is hardly "impossible".

    I've previously observed that comments on these stories often only number a dozen or so, with an even balance of opinions, until it is linked to from HPC. Then a few hundred comments appear, and almost all are against rising house prices.

    The same thing happens in online polls, and with the green/red comment arrows, and indeed HPC-ers often brag about flooding these to skew the results.

    The media are not stupid, they are able to see the increase in comments that hits immediately after a story is linked to from HPC, so they know full well where it comes from.

    500 active posters?

    Seems a lot.

    Are we to believe that the majority of comments on newspaper articles against house price rises come from a HPC campaign then?

    Seems somewhat convenient that people could simply write off any negative articles as "comment bombing" but take the positive comments at face value?
  • Graham_Devon
    Graham_Devon Posts: 58,560 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    wotsthat wrote: »
    I grasped that.

    Aren't you vaguely surprised that 1000 respondents to a DM survey claimed that they were using BTL to fund retirement.

    I reckon there's been some mischief making going on

    It was most likely targetted at investors.

    In general survey companies target their responses. For instance, no point asking 1000 people about their flying experience when you don't even know if they have ever even flown.

    If they want to ask investors about their habits, they will ask investors, not just any old DM reader in the vague hope that some invest.

    No mischief at all. How do you think these surveys take place?
  • wotsthat
    wotsthat Posts: 11,325 Forumite
    If they want to ask investors about their habits, they will ask investors, not just any old DM reader in the vague hope that some invest.

    They just said 'readers' not readers with investment & flying experience.
  • HAMISH_MCTAVISH
    HAMISH_MCTAVISH Posts: 28,592 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    500 active posters?

    Seems a lot.

    Well a lot less than there used to be, that's for sure, but hardly "a lot".

    From the site stats this evening....

    739 active user(s) (in the past 30 minutes)
    77 members, 659 guests, 3 anonymous users

    Online At Once Record 3,150 on 27 November 2011 - 11:08 PM


    Are you still trying to claim that getting 600 or 700 comments over a few days from an HPC link is "impossible"?
    “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”
  • Graham_Devon
    Graham_Devon Posts: 58,560 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    Well a lot less than there used to be, that's for sure, but hardly "a lot".

    From the site stats this evening....

    739 active user(s) (in the past 30 minutes)
    77 members, 659 guests, 3 anonymous users

    Online At Once Record 3,150 on 27 November 2011 - 11:08 PM


    Are you still trying to claim that getting 600 or 700 comments over a few days from an HPC link is "impossible"?

    LOL.

    It's the members that count Hamish.

    Guest's don't really count as users!! They could be people stumbling upon it from google or other media articles. Hardly people you could target to involve in "carpet bombing" as you inferred! You do like to twist things out of all proportion!
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