Wednesday, Jul 26, 2006
Daily Express criticised for ramping house prices
The Business News Source: English newspaper pushes up house prices
"In spite of all the evidence to the contrary, it (Daily Express) leads with following comment – ‘Record property prices are set to soar for at least 10 years in a massive boost for home owners’.
Because we believe that it is articles like this that are contribute to the Housing Bubble, way after proper analysis indicates that ‘the party’s over’. In particular it cites ‘experts’ without reference and then goes on to ask Estate Agents (realtors) for their view – a bit like asking a Butcher if meat is good for you......"
Posted by waiting patiently @ 12:16 PM (204 views) Add Comment
7 Comments
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1. uncle chris said...
It's clear that the Daily Express gave up on being a serious newspaper years ago. With its endless Princess Diana conspiracy theories and over the top VI propaganda, it's no wonder their readership is falling - 8% down this year alone. It's such a shame that this once respected organisation have chosen to press the self-destruct button ... RIP.
2. bidin'matime said...
Well headlines like that make me buy the paper - so I can frame the article in a year or so and hang it on the wall, so all (and I mean all) of my friends and aquaintances, who think I'm mad, can reflect on the matter in due course...
I'm building up quite a nice collection.
3. kpjcomp said...
So have I got this right?.
The prediction has come from 3 source's.
1. By asking an Estate Agent whever house prices will rise, totally unbiased of course.
2. Dr Wigglesworth who during the last bust predicated that house prices would stagnate.
3. And of course a very respected newpaper.
So Dr Wigglesworth, Mr EA & (Sunday Sport Rival) you had a chance to gain respect, but instead you've really messed up now hav'nt you?.
4. harold said...
If the DE can't even ramp up paper circulation, it's unlikely to be able to ramp up property circulation.
5. uncle tom said...
I haven't chewed through all the numbers, but there's good reason to suspect that Lord Beaverbrook's once great empire is little more than one step from oblivion.
That said, headlines yelling from every paper stand are not without effect...
The story, as usual from this paper these days, is crap.
6. Grey Shark said...
Only 3 years ago it was THIS VERY PAPER that had headlines to the contary like " House prices to crash " and " Property bubble to burst " , something made them change there minds , i never buy it , just glance at the headline everymorning in the newsagents , if these b@rstards had stayed with there original opinion on house prices things may be very differant now .
7. tyrellcorporation said...
Maybe the editor in chief bought a £3m pound pad in Surrey - that might just focus his mind on his headlines!!!