Thursday, Jul 12, 2007
What is Judith trying to say?
Times: Prudent buyers beware
The Times has really lost it! After the property editor Anne Ashworth launched an unprecedented attack on the MPC hawks, her deputy cheerleader, Judith Heywood, is now basically saying to home buyers... do not worry about your investment, Gordon isnt serious, his policies will eventually help a few lower class teenagers renting a council flat in some forgotten new township. Then what is the meaning of the title... should buyers be more prudent? or less prudent?
Posted by confused76 @ 10:11 AM (183 views) Add Comment
4 Comments
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1. confused76 said...
some reference on Anne Ashworth
http://property.timesonline.co.uk/tol/life_and_style/property/article2030579.ece
2. benedict said...
The article is saying - if you have a nice period home somewhere people actually want to live they reckon it'll be fine, if you're hunting around and looking at a new build flat in a ghost town then you're probably making a big mistake because there'll be no shortage of them soon.
3. denzil said...
The Times is becoming ever more populated by fools such as Ashworth, Smith et al..........
It's really hard to decipher the sense to their comments. Smith's comments suggest he has been reading a little too much Enid Blyton.
Smith: "Time for a calming rate cut?"
People possessing brains: "err, perhaps not David"
4. Orwell said...
David Smith is obviously of the opinion that the 167% of GDP that we have got ourselves into in debt is not important.
we need much higher interest rates so that this will be paid back and the balance of payments deficit settled.
If we do lower interest rates David, are you prepared to contribute to the £1.3 trillion worth of debt we have managed to incur as consumers? This would only increase. Would you like to come and be the economist at my sweetshop?