smiffy1967 Posted July 2, 2009 Share Posted July 2, 2009 According to my local Newspaper The Shropshire Star: A Bank of England Policy Maker(No name given) and a mortgage market expert told MP's today that he believed the worst of the UK house price falls were over. Professor David Mills (sorry there is a name) author of a government commisoned report on the mortgage market in 2003 - 2004 (in other words a blithering clueless idiot) offered more hope for the embattled property sector after nationwide revealed that prices rose in June for the first time in 4 months. The new member of the interest rate setting MPC said in a treasury select comittee hearing said the market may have reached bottom. --------------------------------------------------------------------------------------------------------------------------------------------- I honestly say this guy is either bullshitting telling MP's what they want to hear or smokes more Ganja than i do! ******ing lunatics, how could the market have bottomed, simply impossible. JOb cuts galore, unemployment swelling...need i go on Quote Link to comment Share on other sites More sharing options...
smiffy1967 Posted July 2, 2009 Author Share Posted July 2, 2009 According to my local Newspaper The Shropshire Star:A Bank of England Policy Maker(No name given) and a mortgage market expert told MP's today that he believed the worst of the UK house price falls were over. Professor David Mills (sorry there is a name) author of a government commisoned report on the mortgage market in 2003 - 2004 (in other words a blithering clueless idiot) offered more hope for the embattled property sector after nationwide revealed that prices rose in June for the first time in 4 months. The new member of the interest rate setting MPC said in a treasury select comittee hearing said the market may have reached bottom. --------------------------------------------------------------------------------------------------------------------------------------------- I honestly say this guy is either bullshitting telling MP's what they want to hear or smokes more Ganja than i do! ******ing lunatics, how could the market have bottomed, simply impossible. JOb cuts galore, unemployment swelling...need i go on when they say, prices rose in JUne for the first time in 4 months do they mean asking prices? Quote Link to comment Share on other sites More sharing options...
HovelinHove Posted July 2, 2009 Share Posted July 2, 2009 I saw an advert in a paper today saying that people will miss the boat if they don't buy now as prices will increase 18% in two years Quote Link to comment Share on other sites More sharing options...
Si1 Posted July 2, 2009 Share Posted July 2, 2009 (edited) edit: (on 2nd thoughts, he was bl**min ambiguous. not sure if the journo wasn't wildly misquoting as it is the article whihc contradicts itslef, not the OP, sorry) Edited July 2, 2009 by Si1 Quote Link to comment Share on other sites More sharing options...
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