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Thisismoney: Family Homes Get £91 A Day Harder To Buy

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ThisIsMoney: Family homes get £91 a day harder to buy

By Joe Knipe

6 September 2010

Owners of detached homes have seen them increase in value by £91 a day over the past year - bad news for anyone who wants to move up the housing ladder.

Daily Express: House Prices Up £91 a Day

By Sarah O’Grady

1 September 2010

HOUSES have risen in value by up to £91 a day in the past year, according to Britain’s biggest mortgage lender.

The surge in property prices will reassure millions of home owners worried by reports suggesting the housing market faces a dramatic collapse.

Compare and contrast.

The Mail article isn't particularly bearish but I liked this at least...

Its study showed that detached properties have risen in cost by £91 a day over the past year.

...

Property inflation across other types of homes has also outstripped official CPI inflation, currently at 3%, and risen far above wages - with many people still suffering pay freezes.

Drip, drip, drip...

Edited by GordonBrownSpentMyFuture

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Artical by Joke Knight.

The Express article was contradicted by its own front page the following day! The use of one stat to create a whole slanted article is quite pathetic. There are serious figures showing the HPC has begun and little doubt remains.

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The Express article was contradicted by its own front page the following day! The use of one stat to create a whole slanted article is quite pathetic. There are serious figures showing the HPC has begun and little doubt remains.

I remember an absurd headline a couple of years ago, when house prices had started quite fast and the Express came up with the absurd headline, "House prices still rising", based on the fact that house prices were marginally higher than they were a year ago, ignoring the fact they were about 10% down on 6 months!

I would not worry - it has been some years since anyone took the Daily Express seriously as a newspaper. Like its sister paper The Star, it is virtually outside the Fleet Street club, viewed as an irrelevance by all.

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I remember an absurd headline a couple of years ago, when house prices had started quite fast and the Express came up with the absurd headline, "House prices still rising", based on the fact that house prices were marginally higher than they were a year ago, ignoring the fact they were about 10% down on 6 months!

I would not worry - it has been some years since anyone took the Daily Express seriously as a newspaper. Like its sister paper The Star, it is virtually outside the Fleet Street club, viewed as an irrelevance by all.

see my sig.

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  • 153 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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