Tuesday, Aug 03, 2010
Following on from Yesterday's EXPRESS Headline...
EXPRESS: 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 (1546 views) Add Comment
5 Comments
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2. montesquieu said...
Hilarious. Thanks for sharing
My favourite bit:
The biggest
winnersmorons were in Northern Ireland, where prices rose by 53%3. montesquieu said...
sorry the strikethrough didn't work how do you do that again?
4. mark wadsworth said...
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.
5. hash browne said...
@ MW - ...yes but are your predictions splashed across the front page of national newspapers and claimed as gospel?