Debate House Prices


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house prices set to fall 20%

«13

Comments

  • Landofwood
    Landofwood Posts: 765 Forumite
    caronoel wrote: »
    According to permabears, Capital Economics....

    https://web.archive.org/web/20031203010756/http://news.bbc.co.uk/1/hi/business/3155582.stm

    Is there something wrong with your mental wellbeing?
  • PasturesNew
    PasturesNew Posts: 70,698 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    I was going to say "that's good news", but I spotted the date of that is 2003, so I missed it.
  • SailorSam
    SailorSam Posts: 22,754 Forumite
    10,000 Posts Combo Breaker
    Foreign criminals are pushing house prices up.

    http://www.bbc.co.uk/news/uk-33662174
    Liverpool is one of the wonders of Britain,
    What it may grow to in time, I know not what.

    Daniel Defoe: 1725.
  • danothy
    danothy Posts: 2,200 Forumite
    Part of the Furniture Combo Breaker
    Not sure why the archive.org link is needed, as the original article is still available unchanged on the BBC news site.

    Nice to be able to look back over predictions like this though:

    2ntxnyf.png
    If you think of it as 'us' verses 'them', then it's probably your side that are the villains.
  • caronoel
    caronoel Posts: 908 Forumite
    I've been Money Tipped!
    PasturesNew wrote: »
    I was going to say "that's good news", but I spotted the date of that is 2003, so I missed it.

    Capital Economics, now largely ignored by the main stream media, are still forecasting a dramatic house price crash 12 years after this prediction. Moneyweak and HPC adore them.

    The only time CE predicted a house price rise was late 2007.

    Good candidates for this perhaps?

    http://www.darwinawards.com/
  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    caronoel wrote: »
    Capital Economics, now largely ignored by the main stream media,

    Still in business and highly respected though. I ignore much of the main stream journalism due it's to poor quality and lack of understanding of key topics.
  • Blacklight
    Blacklight Posts: 1,565 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    The BBC still wheel them out when that foul mouthed geordie shot putter on Breakfast fancies another whinge about annoying how high prices are.
  • caronoel
    caronoel Posts: 908 Forumite
    I've been Money Tipped!
    What ever happened to Jonathan Davies though?

    He was a darling of the BBC for years, constantly harping on about impending doom.

    Don't hear much from him now, thank goodness
  • purch
    purch Posts: 9,865 Forumite
    caronoel wrote: »
    What ever happened to Jonathan Davies though?

    He's injured and will most likely miss the World Cup.
    'In nature, there are neither rewards nor punishments - there are Consequences.'
  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Blacklight wrote: »
    The BBC still wheel them out when that foul mouthed geordie shot putter on Breakfast fancies another whinge about annoying how high prices are.

    Roger Bootle is more often right than wrong when it comes to forecasting.

    The prediction was of course made prior to the intervention by Central Banks. In time the impact of this will recede. Markets will adjust back to normality. What ever that might be.

    The one certainty is that there is no certainty.
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