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Homeowners Expect Average Price Gain Of 2.8% In Next Six Months, V I Poll Says

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http://www.bloomberg.com/news/2011-04-05/homeowners-expect-average-price-gain-of-2-8-in-next-six-months-poll-says.html

Homeowners Expect Average Price Gain of 2.8% in Next Six Months, Poll Says
By Scott Hamilton - Apr 5, 2011 11:13 AM GMT+0100
U.K. house prices will climb 2.8 percent in the next six months as Britons become more confident about the outlook for the property market, according to the average response in a survey of homeowners by Zoopla.co.uk.
Fifty-nine percent of those questioned said values in their area will increase, the property website said in an e-mailed quarterly report today. That compares with 54 percent of respondents predicting price gains in a survey in the fourth quarter, with an average forecast of 1.9 percent.../

How did that old song go..."Beautiful dreamer"??

Factos that may cause house prices to rise as the poll suggests:

1. A reduction in IR at the BoE

2. Tax cuts and a rise inemployment

3. FTBs getting large wage increases

4. Pigs sprouting wings

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Churnalism at its worse. The article is just a reprint of their survey. Most articles they publish at the mo try to paint a bight outlook from negative figures. Caution VIs at work.

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Churnalism at its worse. The article is just a reprint of their survey. Most articles they publish at the mo try to paint a bight outlook from negative figures. Caution VIs at work.

Even so, what does it say about the public mentality when there are millions protesting about cuts, jobs going left right and centre, taxes going up, disposable income being squeezed.. and yet, they still blindly think somehow house prices will continue to rise.

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Well it's quite good, but it's not as good as my favourite EVER survey from a couple of years ago in which home owners thought house prices had fallen in their street, BUT NOT THEIR HOUSE!!!!

HA! HA! HA! HA! HA!

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Well it's quite good, but it's not as good as my favourite EVER survey from a couple of years ago in which home owners thought house prices had fallen in their street, BUT NOT THEIR HOUSE!!!!

HA! HA! HA! HA! HA!

:lol:

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Well it's quite good, but it's not as good as my favourite EVER survey from a couple of years ago in which home owners thought house prices had fallen in their street, BUT NOT THEIR HOUSE!!!!

HA! HA! HA! HA! HA!

No doubt 'cos they're worth it!

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  • 285 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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