Sunday, Jan 28, 2007
Daily Mail wants to setp up a housing gloom website
ThisIsMoney: Welcome gloom amidst the boom
Some of us at the Financial Mail want to set up don'tmove.co.uk, to rival Rightmove. Rather than list potential properties, it will list reasons to stay put. The aim? To slow the housing market of course.
High house prices spook the BoE and drive interest rates up. An about-turn on borrowing costs would provide breathing space for the over-indebted millions.
Posted by little professor @ 03:04 PM (177 views) Add Comment
7 Comments
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1. little professor said...
"We have the Confederation of British Industry's monthly trades survey tomorrow, along with the official housing market report for January. On Friday, fourth-quarter mortgage and landlord repossession numbers come out.
In all three sets of figures, we should, without being too callous, be hoping to see some welcome gloom. "
2. Headmelter said...
"Easter, the traditional start to the househunting season, is just ten weeks away. We need it to be marked by an eerie lack of custom in estate agents' offices."
I think conditions for this will be just perfect if Merv and the muppets take us up another notch between now and then.....Here's hoping.
3. japanese uncle said...
Why did the Mail not do this as at say 2001, when the housing bubble was already evident? Thats is the (serious question). This newspaper has been serving as a cheerleader for the this silly boom all the time. I don't trust it except when it ferociously attack the Silky Tefron and his old cow.
4. inbreda said...
"Silky tefron" JU - that's beautiful.
5. Sam said...
surley a better website would be www.wrongmove.co.uk?
6. sirgoogle said...
Why ?? All this info has already been documented. The train left without them ages ago......
What about www.housepricecrash.co.uk ?
Or www.pricedout.org.uk?
7. Orwell said...
Good idea