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Don’t Get Suckered By The House Price Rally

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http://business.timesonline.co.uk/article/...1859131,00.html

Don’t get suckered by the house price rally

A crash is, of course, much sexier than a period of stagnation, so I don’t blame the BBC. Many parts of the media have been itching for the crash to happen. From a crowded field, my nomination for most ridiculous housing headline this year goes to the Express. “House prices slump”, its banner front-page headline screamed on September 30. The story was that Nationwide building society had reported a 0.2% drop in house prices for the month. Some slump...

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:):):)

Well, that's his view.

He is a semi-numerate journalist. He discussed very few numbers. He made no attempt to list and analyse the relevant factors and put a number on each. A lot of the article is about what other people predict.

Why should we care what he thinks ? We can do our own survey of the facts, and our own analysis. We don't need the meeja to tell us what to think.

/rant mode off/

:):):)

:):):)

Well, that's his view.

He is a semi-numerate journalist. He discussed very few numbers. He made no attempt to list and analyse the relevant factors and put a number on each. A lot of the article is about what other people predict.

Why should we care what he thinks ? We can do our own survey of the facts, and our own analysis. We don't need the meeja to tell us what to think.

/rant mode off/

:):):)

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On October 16th David Smith wrote:

The jury is still out, but the headlines are not getting any better. Mervyn King, Bank of England governor, warned last week that the “nice” decade (non-inflationary, consistently expansionary growth) might be about to be replaced by something rather nastier.

Perhaps he has a short memory.

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  • 301 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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