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Homes Under the Hammer, 16/06/08
Comments
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PasturesNew wrote: »I missed it all. Completely didn't realise what the time was until 7.25 when it was over.
Read the story here
http://www.telegraph.co.uk/property/main.jhtml?xml=/property/2008/06/17/pslump117.xml
Enjoy!
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PasturesNew wrote: »Never heard of UKNova.
*looks*
Oh file sharing.
I never do that.
Yes, but it's not nasty filesharing. They only do UK TV programmes that have been on broadcast free-to-air TV, and if there is a DVD available or if the programme is being sold in any way, then they take the it off their site so as not to deprive the content owners of any revenue. It's good.
Anyway, back on-topic. The main thrust of the survey seemed to be that prices would be back above 2007 levels in 4 years time. That seems wildly optimistic to me - usually slumps take around 5 years just to hit the bottom.poppy100 -
It's on the catchup site now:
http://www.itv.com/CatchUp/Video/default.html?ViewType=5&Filter=21255
Also there's a link to the full survey
http://www.itv.com/News/tonight/episodes/Beatthepropertyslump/default.htmlpoppy100 -
I thought the topic WAS cheesy prop pron
Anyway, back on-topic. The main thrust of the survey seemed to be that prices would be back above 2007 levels in 4 years time. That seems wildly optimistic to me - usually slumps take around 5 years just to hit the bottom.
So, the survey, I found this surprising reading as I am more bearish about the market's ability to bounce back as quickly as some of those economists had suggested.... wonder how old they are. I know they're independent, but I bet if you split the group into 20-somethings, 30-somethings, 40-somethings and 50-somethings it would be a bit more of a telling story.0
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