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guitarman001

Housing Sanity On Sky News

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Anybody just catch the Sky News paper review!?

One of the guests was some guy in a waistcoat with glasses and slicked-back hair. Basically one of the headlines was cheering at the price rise this month - well this guy's take was:

-we are obsessed with housing and it's greedy

-what about those on low wages who will never be able to own

-the astronomical price rises are obscene and can't continue - he'd like to see 30% off

-what's wrong with saving up and not binging on credit - let's be a bit more like Germany

-why do we cheer rising house prices but not rising prices for anything else (e.g. your ipad just went up £200, yay!)

-nowadays it's more about buying houses to become a millionaire rather than to live in

The presenter, who I used to think was a decent young chap, said he was horrified (jokingly) at his views, and that he'd just bought and was obsessed - that people buy into property as an investment. The ethnic woman beside him said she bought years ago though wouldn't state the price (probably rock bottom, then!)... and the conclusion was that this guy was a SOCIALIST for having these thoughts!

Very thrilling!

EDIT - anybody see it and know who the guy is?

Edited by guitarman001

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Missed this but it sounded an entertaining watch. Oh its going to be a long process before the masses see sense about house prices. We need a proper drawn out nominal crash not the false propped up one we had 2007-2008

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I must admit it was VERY entertaining!! I don't know if you can watch it again online but if you CAN, I seriously recommend doing so! (5th August Sky News paper review @ 11:30pm)

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Ah so somebody else saw it - awesome. Do you know the guy's name? I think it was this guy:

http://www.talksport.co.uk/radio/presenter/ian-collins

The presenter really didn't like it, did he? Calling the guy a socialist and reverting back to the supply and demand argument. I'm so well versed at hearing this BS now I could knock it back with a baseball bat!

There was the example of a house bought for £150k about a decade ago (figures ballpark correct) and now costing £890k? Lunacy!

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Anybody just catch the Sky News paper review!?

One of the guests was some guy in a waistcoat with glasses and slicked-back hair. Basically one of the headlines was cheering at the price rise this month - well this guy's take was:

-we are obsessed with housing and it's greedy

-what about those on low wages who will never be able to own

-the astronomical price rises are obscene and can't continue - he'd like to see 30% off

-what's wrong with saving up and not binging on credit - let's be a bit more like Germany

-why do we cheer rising house prices but not rising prices for anything else (e.g. your ipad just went up £200, yay!)

-nowadays it's more about buying houses to become a millionaire rather than to live in

The presenter, who I used to think was a decent young chap, said he was horrified (jokingly) at his views, and that he'd just bought and was obsessed - that people buy into property as an investment. The ethnic woman beside him said she bought years ago though wouldn't state the price (probably rock bottom, then!)... and the conclusion was that this guy was a SOCIALIST for having these thoughts!

Very thrilling!

EDIT - anybody see it and know who the guy is?

Possibly this guy. I watched it. Spoiled it slightly by saying how much some people have made over the years through house speculation, but this can't be denied and doesnt make up for the pain of most people. Very balanced and a breath of fresh air. Paper was the Mail. I think and prob Halifax report.

Clinton got the blame in another paper for trying to copy Maggies subsidised Council sales in USA and creating sub prime by throwing unrepayable loans at the poor to 'get on the ladder', and of course win votes. (maybe The Independent). For which we are continuing to pay the price.

My opinion is that unrealistic and panicked low interest rates after 9/11 also played their part - and continue to do so.

http://www.talksport.co.uk/radio/presenter/ian-collins

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Anybody just catch the Sky News paper review!?

One of the guests was some guy in a waistcoat with glasses and slicked-back hair. Basically one of the headlines was cheering at the price rise this month - well this guy's take was:

-we are obsessed with housing and it's greedy

-what about those on low wages who will never be able to own

-the astronomical price rises are obscene and can't continue - he'd like to see 30% off

-what's wrong with saving up and not binging on credit - let's be a bit more like Germany

-why do we cheer rising house prices but not rising prices for anything else (e.g. your ipad just went up £200, yay!)

-nowadays it's more about buying houses to become a millionaire rather than to live in

The presenter, who I used to think was a decent young chap, said he was horrified (jokingly) at his views, and that he'd just bought and was obsessed - that people buy into property as an investment. The ethnic woman beside him said she bought years ago though wouldn't state the price (probably rock bottom, then!)... and the conclusion was that this guy was a SOCIALIST for having these thoughts!

Very thrilling!

EDIT - anybody see it and know who the guy is?

I saw it. Ian somebody. Irritating how they never say afterwards, when you might just want to know.

Quite a turn-up to hear a rant like that.

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OK so it was Ian Collins, thanks guys.

I just sent him a quick e-mail to say how impressed I was - even if it never reaches him, I feel it was worth it.

Such a brilliant take on things.

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Are you lot all really watching Sky News on a Friday night? :lol::P

Maybe you're right, maybe we should all be out lol... To be honest I detest the culture and people that go out weekend nights.

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You know what, I also just wrote (yes, it may not get there) Max Keiser an e-mail regarding the scandal that is British property, hoping he may cover the story at some point. Why not!!

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  • 284 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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