Tuesday, Jan 22, 2008
HP inflation??
MSN Money: House prices continue to drop
'Annual house price inflation has fallen to its lowest rate for two years after the cost of property fell for the third month in a row.'
When oh when will they start saying house price DEFLATION!!?? Thereby fully admitting the truth.
Posted by renting2 @ 10:01 AM (299 views) Add Comment
4 Comments
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1. Johng said...
It's still YOY positive.
When we get to YOY negative, then they may use the 'D' word.
2. Albertini Albertino said...
Um... when houses for sale now fetch less than they did this time last year?
3. sid public said...
On the BBC London news last night they had a news head: "London high price inflation out-performs the rest of the UK"
And then went on the announce prices had risen 3.6% over the last two years, as if it was a big deal.
They didn't say where they had got that figure from but surely even the BBC can work out that's lower than inflation - and way lower than a high-interest bank account.
4. Rimmer said...
Well call me the village idiot but it is 2008 i think and house prices have gone down "THIS YEAR " all areas.
So annual house price inflation this year is - well zero in my book or Minus.
What dribble, spin and more spin - Face the truth lads times are a changing