Tuesday, August 3, 2010

Following on from Yesterday’s EXPRESS Headline…

HOUSE PRICES TO SOAR AGAIN

....I thought it was about time we had a little giggle at the previous track record of CEBR and the Express. This was only 6 months before the first crash. I particularly enjoyed this bit "The Centre for Economics and Business Research said that, despite three interest rate rises, the property boom will continue in 2007 – and for the next three years. They are estimating that the average price of a house will go up from £187,000 today to £225,000 in 2010." So the doom-mongers are wrong now are they? Is it 'different this time'? We'll see...

Posted by hash browne @ 02:58 PM (2065 views)
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4 thoughts on “Following on from Yesterday’s EXPRESS Headline…

  • montesquieu says:

    Hilarious. Thanks for sharing

    My favourite bit:

    The biggest winners morons were in Northern Ireland, where prices rose by 53%

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  • montesquieu says:

    sorry the strikethrough didn’t work how do you do that again?

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  • mark wadsworth says:

    Fair’s fair. I’ve been predicting an almight crash for years (i.e. down at least 30% or 40%) and that hasn’t happened yet either.

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  • hash browne says:

    @ MW – …yes but are your predictions splashed across the front page of national newspapers and claimed as gospel?

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