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timebandit

A Shocked Daily Express Reporter

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Come on Dana, have you not read the previous in-depth reporting by Sarah O' Grady.

By Dana Gloger

HOUSE prices will rise by 14 per cent over the next four years to reach a record high, economists have predicted in a shock report.

In the strongest sign yet that the ­property downturn is over, they say the average British home will be worth more than £200,700 in 2015, up from the current value of £176,000.

That will be nearly £10,000 more than the ­previous peak in the boom year of 2007, when the average home was worth £191,200.

Rising demand coupled with a lack of supply will cause the increase in prices, according to the highly regarded think-tank, the Centre for Economics and Business Research.

Added

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Dana Gloger Twitter account if anyone wishes to leave a comment to her article.

Express

Edited by timebandit

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Who are these economists, what are their qualifications? I shall have to make a note of their predictions for future reference.

Edited by jammo

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the average British home will be worth more than £200,700 in 2015

With the banking system on the verge of collapse (again), they certainly won't be lending like they did in 2007 any time soon.

Add to this declining real incomes, inflation and currency debasement and suddenly this prediction looks a little optimistic.

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Who are these economists, what are their qualifications? I shall have to make a note of their predictions for future reference.

..waste of time...just get them to fill in your lottery ticket form...and if the numbers don't come up you'll know they're imposters.... :rolleyes:

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Come on Dana, have you not read the previous in-depth reporting by Sarah O' Grady.

Added

new_profile_reasonably_small.jpg

Dana Gloger Twitter account if anyone wishes to leave a comment to her article.

Express

VI

seems to be tweeting asking people to give her options for building insurance for a block of flats

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On other Express pages . . .

'Miracle Cancer Cure Found In Carrot Juice'

'Diana Was Expecting Muslim Triplets'

'Maddie Abducted By Taliban'

not forgetting

'Pension Joy For Millions'

(sigh)

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Financial expert Jasmine Birtles, of Moneymagpie.com, said: “This is finally some good news amid a lot of recent bad economic news.

“It is particularly welcome for people who don’t have enough pensions savings as they will be able to make money from their property.

“Next year’s Olympic Games will also give the housing market a boost.

“Property is a good investment in the long term and now is a good time to buy.”

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Financial expert Jasmine Birtles, of Moneymagpie.com, said: “This is finally some good news amid a lot of recent bad economic news.

To be fair Jasmine so far as housing's concerned in the main in the UK media the good news usually far outweighs the bad news even if the good news is often fabricated.

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Words fail me. It is a made up story, promoted to front page headline. It is reporting a person's prediction of what he hopes might occur in future and reporting it as news (or at least something that has actually happened).

It would be like: AMAZEMENT AS USA LANDS CREW ON MARS (NASA believe that a manned mission to Mars may be attempted in the next 30 years)

Why are they allowed to do this?

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DanaGloger Dana Gloger

Where is the place to get buildings insurance for a block of flats - not including home contents, just the building?

That was in June, I wonder how much flats have dropped in value since then.

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Fecal Smear Rag?

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Richard Desmond + his substantial property portfolio + opportunity to con the market via his horrible news rag + stooge reporter = daily Express headline.

Surely long term readers of the express can't be so stupid as not to see this.. Even the Daily Star is more credible than the Express. At least it doesn't pretend to be anything it isn't. And it has pretty girls. :D

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Just the usual lazy journalism. No thought gone into it - just an nice easy article based entirely on an "expert's view". No need to compare and contrast with other research which shows e.g. that prices will be flat for the next 5 years. No need to base it on economic principles. Just get it out there to the public and move on to the next story.

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PCC? They didn't sign up to it.

She looks the right age to be part of the priced out generation too

Afraid not mate. I have it on extremely good authority that she has a flat in London bought for her by her parents.

:/

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Heard from a friend yesterday who is desperate to buy a crappy new built flat for around £140k. She's no deposit and is trying to use some crooked Govt. scheme which allows a person to lend upto 4x income (apparently it was 6x about a month ago) :blink: Her parents are egging her on and she is of the belief that is she doesn't buy now she'll never be able to afford a place, not that she can afford to buy now with zero deposit :rolleyes:

I partly blame nonsense headlines like these Express ones for the brainwashing of people, but the fact parents encourage their young to buy into the same ponzi scheme they are involved is quite frankly shameful.

The main problem with the UK is there are too many idiots, backed by the elder idiots in the Govt. who continue to wipe their ass for them.

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They just reviewed the papers on BBC News. The female presenter, Naga Munchetty, excitedly showed the Express front page and said "House prices to reach a new high". Paul Lewis, the Moneybox man, rolled his eyes and laughed, she looked rather shocked and disappointed :lol:.

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I wouldn't take it too serious,y, this is the same publication that has in the front page "Jedward set to win The best Big brother ever"

Edited by exiges

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Just the usual lazy journalism. No thought gone into it - just an nice easy article based entirely on an "expert's view". No need to compare and contrast with other research which shows e.g. that prices will be flat for the next 5 years. No need to base it on economic principles. Just get it out there to the public and move on to the next story.

Ever read 1984? Julia works in the penny nasty department where they have wheels which they move to make stories. The DE works pretty much like one of those star trek plot generators

http://www.firsttvdrama.com/funstuff/voyagen.html

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...... don't worry, I don't take articles like that seriously.........

I can only assume that the person who wrote the piece is :-

(a) a VI

(B) someone that has been told what to write ......( by a VI )

© very stupid

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I feel a MEW coming on ...need a new yacht ...................might take this to show the Northern rock bank manager

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  • 334 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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