Debate House Prices


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Cop a load of this - property expert on Sky News.

http://www.youtube.com/watch?v=W-jH_xcaZng

:eek:


No more BS it appears, time to start telling it like it is :D
--
Every pound less borrowed (to buy a house) is more than two pounds less to repay and more than three pounds less to earn, over the course of a typical mortgage.
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Comments

  • m00m00
    m00m00 Posts: 1,755 Forumite
    she must be from Capital Economics they've been the bearest of the analysts for a long time
    It's a health benefit ...
  • brit1234
    brit1234 Posts: 5,385 Forumite
    Good, people should be told what is actually going to happen rather than slowly deceived by these prediction experts always down playing what is happening.
    :exclamatiScams - Shared Equity, Shared Ownership, Newbuy, Firstbuy and Help to Buy.

    Save our Savers
  • I now think 20% from the peak at the end of 2009 is a conservative estimate. :P
  • hostman
    hostman Posts: 377 Forumite
    I caught this live on sky earlier this afternoon. I was surprised they even let her on :)

    Its good to hear though, the media often take a long time to show both bear and bull opinions.
  • WTF?_2
    WTF?_2 Posts: 4,592 Forumite
    hostman wrote: »
    I caught this live on sky earlier this afternoon. I was surprised they even let her on :)

    Its good to hear though, the media often take a long time to show both bear and bull opinions.

    A lot of people pooping their pants when they saw that, I think. :D

    Now that the crash is 'official' I think that the media and mainstream commentators feel able to make more truthful predictions. All of this was totally predictable a year ago but anyone who dared say or write it in the mainstream media would have been laughed out of town.

    Take this example of Peter Schiff vs Art Laffer, where he warned of the US subprime crash a good half year or more before it happened and was ridiculed for his trouble:

    http://www.youtube.com/watch?v=LfascZSTU4o


    My oh my, Laffer has egg on his face now. Props to the Schiffmeister :D
    --
    Every pound less borrowed (to buy a house) is more than two pounds less to repay and more than three pounds less to earn, over the course of a typical mortgage.
  • abaxas
    abaxas Posts: 4,141 Forumite
    !!!!!!? wrote: »
    http://www.youtube.com/watch?v=W-jH_xcaZng

    :eek:


    No more BS it appears, time to start telling it like it is :D


    :eek:

    Maybe !!!!!!? is a bull after all.
  • carolt
    carolt Posts: 8,531 Forumite
    Bump bump bump...

    Watch this!!!!

    The 'crash' word - out loud and proud - on a nice mainstream news show and all.... :)
  • Snooze
    Snooze Posts: 2,041 Forumite
    1,000 Posts Combo Breaker
    !!!!!!? wrote: »
    http://www.youtube.com/watch?v=W-jH_xcaZng

    :eek:


    No more BS it appears, time to start telling it like it is :D

    Sorry, what was it about again? I was too busy drooling to notice. :huh:

    Rob
  • spark1
    spark1 Posts: 37 Forumite
    crash bang wallop :D
  • m00m00
    m00m00 Posts: 1,755 Forumite
    sky news is by far the most sensationalist of the media outlets though, and their relationship with veracity has been tenuous at times.
    It's a health benefit ...
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