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TheCountOfNowhere

Radio 5 Live - House Prices Too High

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Was listening to radio 5 live this morning just before 6. I was somewhat surprised when the presenter kept saying how house prices were too high ( though the financial expert trying to avoid saying it ) and maybe propping up high house prices by the government was not a great idea,

I'm paraphrasing the conversation but it was along those lines. The 'expert' did all they could to avoid saying prices too high but the presenter used those forbidden words. ( saying that I might be have got presenter and expert the wrong way round as I don't often listen to the state run media service ).

Worth a listen if you can get it on the website.

The Emperor is naked....

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Same story on Radio 4. I was surprised to hear Simon whateverhisname challenging the E&Y guy about the house price thing.

Even he agreed it was a bad idea to inflate prices as they are the cause of the current crisis.

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Very difficult trying to get the truth/reality/common sense over when there are many out there who have a huge vested interest in keeping prices high and supply down. ;)

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Very difficult trying to get the truth/reality/common sense over when there are many out there who have a huge vested interest in keeping prices high and supply down. ;)

Indeed. However, I notice that the "liberal" press are becoming much more vocal about high house prices. I think it's just that it gives the media luvvies/champagne socialists yet another thing to have a go at the Tories about - "high house prices under Labour good, high house prices under Tories bad".

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Indeed. However, I notice that the "liberal" press are becoming much more vocal about high house prices. I think it's just that it gives the media luvvies/champagne socialists yet another thing to have a go at the Tories about - "high house prices under Labour good, high house prices under Tories bad".

The general public are too.

Anyone I hear talking about houses are bearish, more so than I have ever heard.

Someone even said to me on Saturday...a house is not an investment, it's a home, so we dont expect the price to go up.

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That was Andy Verity and Mickey Clarke - to be fair, both of them have been very questioning of house prices for several years now. I think they are the best financial journos on the BBC.

...So they put them on air at 5-30 a.m. :lol:

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...So they put them on air at 5-30 a.m. :lol:

Yes, it is often galling to hear them say very sensible things about the economy and house prices only for some, IMPO, light-weight presenter sometime later on Fivelive gush about some VI house price press release.

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Yes, it is often galling to hear them say very sensible things about the economy and house prices only for some, IMPO, light-weight presenter sometime later on Fivelive gush about some VI house price press release.

They put the lightweight fluffy bunny news on at primetime because that's what the majority of people want to hear. Same with mainstream politicians and their empty speeches.

Most people want to put their fingers in their ears and go "la la la", but they also want to pretend that's not what they're doing, so they make sure to Follow The News and Exercise Their Civic Duty To Vote In Elections, even though these are empty exercises because nobody is talking about reality.

People are odd.

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Yup

you don't want them frightening people by putting it on teatime news.

Never heard this on main news either about earnings now at 2003 level.

ANYONE for 2003 house price :o

http://www.bbc.co.uk/news/business-21443515

Funny - all the things you don't hear. Anything, anywhere on the Mirror article on Mrs Thatcher's offshore owned residence?

http://www.mirror.co.uk/news/uk-news/margaret-thatcher-tax-snatcher-mystery-1828441

Edited by juvenal

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Listen to it then switch to another channel promptly at 6am. :D

I did....Talk sport.

Alan Brazil is a bit of a property ramper though...he's obviously won on the housing pyramid and is forever mentioning housing as a great investment ( or words to that effect )....although I may have miss heard this last week but they were talking about their house being their pension and 'the moose' said, sarcastically, 'yeah, good luck with that'....though I am not 100% sure that he was specifically talking about houses not being a good pension investment it was a bit of a background comment.

Mr Brazil, as much as I like him, should stick to talking about sport.

Their Maggie Thatcher coverage, for a sports channel, was diabolical and it almost turned me away from the station for good.

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Very difficult trying to get the truth/reality/common sense over when there are many out there who have a huge vested interest in keeping prices high and supply down. ;)

Surely its all to do with over-leveraged banks (who conjure up fake lending money and can't cover it if too many householders get repoed amongst other stuff)

+

The main sources of wealth extraction and offshoring for vi elites - to be protected even at the 'expense' of starving/impoverishing/stealing the welfare safety net of the masses (which all forcibly pay for while working)

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Anyone for a TULIP LIAR LOAN?

Sorry to derail the thread but I have to do this:

LIAR LOANS offered by W@NKER BANKERS.

That felt good! :)

As you were!

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A few years back, Andy Verity did a TV prog about high house prices and was travelling around in a van with a trend graph similar to that of Nationwide's house price graph painted on the side of his camper van!

Or did I just dream that.

I'm convinced he used to/still does post on here.

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A few years back, Andy Verity did a TV prog about high house prices and was travelling around in a van with a trend graph similar to that of Nationwide's house price graph painted on the side of his camper van!

Or did I just dream that.

I'm convinced he used to/still does post on here.

Yes...I remember that. Was it also he who sold a maisonette in London to rent but then could no longer afford to buy a house in the capital for his family? :unsure: Or was it Justin Rowlatt?

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  • 260 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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