Monday, May 04, 2009
Emma dishes out some common sense to counter todays CEBR article in the Telegraph
Telegraph: Housing market recovery is piffle, says non-expert
Emma dishes out a dose of reality in response to an article in the Telegraph about how things in the housing market are not as bad as previously thought. This really irritates Emma who reminds readers that "every time you see a story in the media over the coming months about how the housing market is on the up, just mouth the words "Well, they would, wouldn't they?"
Posted by enuii @ 08:44 PM (786 views) Add Comment
4 Comments
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1. mountain goat said...
I recon the housing market will turn back up for real only a year after unemployment starts to fall.
2. str 2007 said...
http://wbrussee.wordpress.com/
This is quite a well written blog I picked up from the comments at the end of the article.
Worth a read.
3. amjidk said...
excellent article, explains all the bull from these so call experts...
4. mander said...
But most of the stories of this type emanate from somewhere within the confines of the house-selling industry itself ...
And financial PRs currently have an existence probably even more precarious than that of financial journalists; for them saying something negative is effectively talking down their own job prospects.
Is it the end of speculation? Or are we going to commit an offence if we will talk down the house prices? It has been said that the Conservatives will abolish the HIPs and so to relunch the housing bubble. Who ever will be in power must contol the house prices in the future, tie them to income and equally tax investors like any other commercial activity only if they want to avoid America's problems in few years time, because no one will believe in British property miracle when the rest of the world has changed.