Saturday, Jan 13, 2007
The problems of generalising about the housing market
This is Money: Who to trust on house prices?
There is little consensus, even among major lenders such as Nationwide and Halifax on forecasts for house prices. They can't even agree on what the average price of a UK home is. What are the reasons for these discrepancies, and who should be trusted?
Posted by jellycaster @ 12:12 PM (139 views) Add Comment
1 Comment
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1. Enuii said...
Depends on the degree of vested interest as very few of these 'institutions' are not biased towards their own interests.
The only figures I believe are the land registrys, unfortunately these are 'after the horse has bolted' figures.