Wednesday, Jun 25, 2008
Tis but a scratch said the dark knight .
FT Adviser.com: UK house prices to rise again, says Assetz
The declining market for start-up homes will force UK house prices up, according to property investment advisers Assetz.
Stuart Law, the chief executive for Assetz, said: "Recent research has suggested that new home starts will fall to dangerously low levels this year, with only 110,000 new homes to be built by the end of 2008, less than half those cited by Gordon Brown as necessary to meet demand.
Posted by housebear @ 11:03 AM (499 views) Add Comment
8 Comments
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1. pelethar said...
Tis but a scratch - nice one housebear
2. hpwatcher said...
There is a village somewhere, who is missing an idiot.
3. monty032 said...
Why on earth is a serious newspaper such as the FT wearying our ears with this nonsense?
4. harold said...
"The declining market for start-up homes will force UK house prices up"
Give me a break - even 'Aunty Doris' can work out that the declining market is due to falling prices.
"Recent research has suggested that new home starts will fall to dangerously low levels". Dangerous for whom? House builders? Jeez.
If you thought the FT a serious paper, think again.
Best title prize of the day goes to housebear.
5. denzil said...
I'll have an eighth of whatever Law is smoking.
6. mark wadsworth said...
Nice one.
The men in white coats will carry that bugger off screaming "The fundamentals! The fundamentals!"
7. letthemfall said...
FT FluffyBits.com
8. New User 2007 said...
He cites the government on the short fall to back his odd theory* up but then ridicules the government in other places for suggesting that prices will fall by 10%.
Incredible.
* Supply is being cut because credit has disappeared. The prices rises were credit driven and now that is reversing. Wish he would stop looking silly by linking random events without sequencing properly!