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HAMISH_MCTAVISH

House Prices Will Rise By Next Year.

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Published: 7:52PM BST 28 Jun 2009

Confidence in the housing market is continuing to recover, with the majority of people believing that prices will rise over the next year.

A survey by propertyfinder.com found that 53pc of the 2,500 respondents thought house prices would increase by June 2010 – although only by 0.6pc.

Many of the country's leading mortgage providers increased their lending rates in June – with Nationwide Building Society pushing up the price of some of their offers twice in two weeks.

The rising cost has dampened some of the optimism seen in May, when 60pc of survey respondents believed prices would rise in the coming 12 months.

Nicholas Leeming, director of propertyfinder.com, said: "There is real anger out there about the failure of lenders to offer mortgage borrowers the rock-bottom interest rates that the Bank of England has tried to bring about.

"After rising to its highest level since the credit crunch began, confidence dipped as lenders' decision to ramp up rates prompted a borrower backlash.

"There is cause for optimism that we are past the worst, but the revival will be long and drawn-out if lenders don't change their ways."

Mr Leeming says a reduction in the number of available properties has caused the recovery in confidence.

http://www.telegraph.co.uk/finance/newsbys...-next-year.html

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What's it like to be insane Hamish? Is it anything like Jack Nicholson in One Flew Over the Cuckoos nest, or is it more akin to Hitler as portrayed in Downfall. Just curious...................

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Hamish

You have no idea how journalism works.

If there is no news......invent some.

Your Editor is not remotely interested in truth, he wants headlines that will sell more copies. Newspapers are just another product that has to wrapped, promoted and sold to make a profit.

End of story.

So, the headline you quote could just as eaily have read

'Confidence in house prices falling'

and then show how the number of people polled and think that house prices will rise next year has fallen from 60% to 57%

But probably, the Editor judged that a house price rising story would sell more.....today. Stand by for the good old journalistic one two, soon when they will publsh a prices are falling story instead.

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What's it like to be insane Hamish? Is it anything like Jack Nicholson in One Flew Over the Cuckoos nest, or is it more akin to Hitler as portrayed in Downfall. Just curious...................

I won't have you mocking the insane like this. He may have lost a fortune buying at the height of the market. Clearly the man needs help, he is totally and utterly deluded, he is in denial. He is in torment, please, please let us help him, you hold him down, I'll slip on the old jacket!

Edited by Tim Miller

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Hamish, stop being such a sneaky f**ker with the thread titles!

I assume the intention is to influence visitors who might be skimming the thread titles and not reading all the threads?

It won't work you nutter!

Edited by MOP

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Hamish, stop being such a sneaky f**ker with the thread titles!

I assume the intention is to influence visitors who might be skimming the thread titles and not reading all the threads?

It won't work you nutter!

That was the telegraph article title..... check the link.

newsbysector/constructionandproperty/5675746/House-prices-will-rise-by-next-year.html

Edited by HAMISH_MCTAVISH

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That was the telegraph article title..... check the link.

newsbysector/constructionandproperty/5675746/House-prices-will-rise-by-next-year.html

You left out the quotation marks and forgot to mention that it's just another survey.

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Hamish, stop being such a sneaky f**ker with the thread titles!

I assume the intention is to influence visitors who might be skimming the thread titles and not reading all the threads?

It won't work you nutter!

He got away, we followed him, he was writing another thread "Reuters Reports House Prices Unchanged In June..", he wrote back to himself then disappeared. We let the dogs out now, we'll get him!

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:lol:

Pedant.

I posted the full article and link.

Can't get any more accurate than that.

So what's your opinion on the article then?

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So, to be clear then, an online survey run from a website selling property (so likely to be visited by people looking to buy), results in an ever so slightly (53% vs 47%) positive outlook on property prices; namely an increase in 0.6% over the next 12 months.

Well, that's it. Case closed. I'm off to the EA tomorrow. Hope they haven't sold out by then. <_<

Dearie me Hamish. You really are scraping the bottom of the barrel with this one.

Very, very sad.

icon_shake.gif

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:lol:

Pedant.

I posted the full article and link.

Can't get any more accurate than that.

But you want prices to rise, at the expense of everyone else. You've said so. Anyone "wanting" falls is a nutjob.

This just shows you are crazy, and greedy too. You're out for yourself, why should anyone take you seriously? You're making the country worse...

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0.6% rise on a survey by "propertyfinder.com", yes that respected index of houseprices propertyfinder.com?. So if wage inflation is 0.6% or above, then house prices will fall :blink: if you thought this survey made sense.

propertyfinder.com was purchased in November 2005 by Australia's

no.1 property portal, http://www.realestate.com.au, and News International, owners

of The Times, The Sunday Times, The Sun, the News of the World, and

London Property News - offering us an unrivalled ability to raise the

profile of propertyfinder.com amongst home movers.

Since the acquisition, propertyfinder.com has experienced a huge

increase in the number of leads it sends to agents. And at a cheaper

cost per lead compared with any of the other major portals, more and

more agents are choosing to list their properties on

propertyfinder.com. But don't just take our word for it, read what agents have to say about propertyfinder.com

About the REA Group

We work with leading real estate agents around the world -- providing

effective online advertising solutions that help sell properties and

win new listings ... (more)

http://www.propertyfinder.com/cgi-bin/rsea...res&id=1158

DUBAI

  • propertyfinder.ae is one of the largest real estate and property websites in Dubai and powers the property listings on MSN Arabia.

:lol::lol::lol:

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Christ almighty HAMISH_MCTAVISH, you're scraping the bottom of the jar of marmite there, are you not?

It's got bits of rancid butter from 2007 in it.

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"There is real anger out there about the failure of lenders to offer mortgage borrowers the rock-bottom interest rates that the Bank of England has tried to bring about.

Who is angry exactly? Very vague statements or opinions don't qualify an opinion.

Personally I am quite happy with the interest rates, in fact a percentage point higher would be good please, but only if applied to my savings and if only to promote further price drops.

Anyway, well done Hamish. Pulled the pin and lobbed the hand grenade over the wall. Very funny. Sunday night mayhem. Release a non event article and watch the carnage ensue.

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Hamish, is that you underneath?

He continues to call you "Bubbles" and is only on this site solely to wind up the bears while covering up his fear of losing equity on his second home purchased in October 2007 as a source of pension income :blink:

He has truly been suckered into the sentiment of the bull trap as he was quite clearly panicking back in April only to be saved by the bounce.

Come on Hamish, do that HPI equity dance you've been doing lately, it might just drive house prices up ;)

111o8z5.gif

:lol:

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surely anything that happens to prices in an environment where money is coming from a magic money tree is suspect?

do we not just have a bogus set of cards designed to bluff until an election? if not then we've just had the most painless recession ever, brown has found a way to qe and zirp with no damage to an economy and he will be known as St Gordon Brown in centuries to come, behold it has truly been a miracle.

but somehow i think not.

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Guest AuntJess

I reckon he only cherry picks these headlines to post, so that he can persuade others to fall into the trap he now finds himself in. It must be awful lonely being in a minority of gobbins, who have let themselves in for negative equity - or worse! :o

After all, bulls have a ring through their noses, and are therefore easily lead. :lol:

Edited by AuntJess

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Presumably that's not the whole article, as it makes no mention of where the money's coming from. They must have left that bit off for some reason.

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What's it like to be insane Hamish? Is it anything like Jack Nicholson in One Flew Over the Cuckoos nest, or is it more akin to Hitler as portrayed in Downfall. Just curious...................

I always wondered does a mad person know they are mad! Or an evil person know they are evil. Or do they like our Hamish here think they are normal?

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House prices will rise by next year?

Are these people locked in a basement?

Prices are going up right now.

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Despondency in the housing market continues to rise, a new online survey has found.

Propertyfinder.com, a property advertising agency joint-owned by the advertising-dependent 'News International' group, surveyed a group of people who spend their spare time visiting property websites, and who then further self-selected themselves by either voluntarily opting to complete a questionnaire, or by being unable to work out how to close the pop-up window.

To help ensure that the 'confidence' survey remained unbiased by analysis of actual events or calculated extrapolation from hard data, participants were not filtered by economic forecasting credentials, or their opinions on political correctness gone mad. Instead, it is believed that most respondents leveraged their powerful subconscious intuition, or 'gut instinct', in order to project a positive new reality-trend on the fragile confidence-based UK economy.

Despite these extensive safeguards, 47% stated that, even after another 12 months of the current recovery cycle, house prices will remain static, or fall further. This is an eye-watering 20% month-on-month pessimism increase, as only 40% of respondents held such a belief in May. This rate of increase would mean that by Christmas, about 139% of the population will be resigned to house prices falling ever further.

Experts blamed ongoing mortgage interest rate increases for the deterioration. A director of the propertyfinder.com website observed that "confidence [has] dipped" following "the failure of lenders [to align with the Bank of England's monetary policy]". Current popular sentiment could be summed up as "real anger", he added.

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Guest AuntJess
House prices will rise by next year?

Are these people locked in a basement?

Prices are going up right now.

Not in my neck of the woods they aren't. :rolleyes:

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