Monday, May 11, 2009

Propertywatch quiz

BBC: Propertywatch quiz

Propertywatch, a new BBC Two series, broadcast from 11-14 May, looks at property prices and the downturn and attempts to sort out property fact from fiction. So, how much of a property expert are you?

Posted by doomwatch @ 02:21 PM (1599 views) Add Comment

8 Comments

1. happy mondays said...

I'm Not, but i do know they are too f***ink expensive! And i have been condemned..

Monday, May 11, 2009 02:29PM Report Comment
 

2. paul said...

Question 4: What is the average age of a first time buyer?

Answer: 29

WRONG. BEEPBLOOP.

http://www.responsesource.com/releases/rel_display.php?relid=47383
With the average first time buyer age now at 34 ...

http://www.thefirstpost.co.uk/47200,news,no-job-no-home-and-no-future-graduates-poisoned-inheritance
The average age of a first-time buyer is 35 - perhaps seven years older than it used to be.

http://www.dailymail.co.uk/news/article-1176979/How-internet-feeds-obsession-price-property--market-move.html
The age of the average first-time buyer is now 34.

Don't expect impartiality from the BBC.

Monday, May 11, 2009 02:39PM Report Comment
 

3. crunchy said...

Which of these countries has the highest percentage of home ownership?.....Lithuania has the highest with 97 per cent, Spain has 86.3 and the UK 69. lol property porn at it's best!

Only 69% I wonder why? David Beckham must own more than I thought!

Monday, May 11, 2009 02:49PM Report Comment
 

4. uncle tom said...

That Lithuania stat doesn't feel right - after all, it's only 20 years since the Soviet Union fell apart, prior to which they would have mostly been renting state owned apartments...

Monday, May 11, 2009 03:38PM Report Comment
 

5. crunchy said...

UT, Must be true. The BBC would never make a mistake like that, surely.

They would never suggest that the UK is not exposed enough to property investment.

Monday, May 11, 2009 03:46PM Report Comment
 

6. peter_2008 said...

Communist countries are actually doing what the UK government should always have done - give houses away. The 97% home ownership in Lithuania is probably because at some point, the government just gave the apartments to the tenants. Imagine the UK "right to buy" scheme, but more extreme. That's why HPC is even bigger in thise countries, because it was free money in the first place.

Monday, May 11, 2009 03:48PM Report Comment
 

7. george monsoon said...

I mean... what is the point of this quiz???

Monday, May 11, 2009 04:13PM Report Comment
 

8. little professor said...

Paul - agreed, the last time the average FTB age was 29 was back in 1974. Nowadays it is mid 30s, as your links prove.

Also, the 97% Lithuania figure refers to the percentage of people in privately owned housing - i.e. as opposed to social housing. It doesn't mean they all own their own home, they could be renting from a private landlord. Not surprising when you consider that virtually all the country's housing stock (and other assets) were sold off to the highest bidder in the mad dash towards capitalism. The actual owner-occupied rate is still high but more in the region of 80-90%.

Monday, May 11, 2009 06:06PM Report Comment
 

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