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Sky News: House Prices To Jump 50% By 2025


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HOLA441

So after the IR rates, Sky News reporting:

http://news.sky.com/story/1607374/house-prices-to-jump-50-percent-by-2025-report

And on talk sport this morning ( or the VI london property club as I term it / Talk Adevrts ) who are happy to give air time to the Daily Express house prices to saor headlines...not one mention of THE most significant bit of news this year, the IR rise.

Either I'm paranoid os they are s**ting it and trying to counter this good news with MSM propaganda.

Edited by TheCountOfNowhere
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HOLA444

So after the IR rates, Sky News reporting:

http://news.sky.com/story/1607374/house-prices-to-jump-50-percent-by-2025-report

And on talk sport this morning ( or the VI london property club as I term it / Talk Adevrts ) who are happy to give air time to the Daily Express house prices to saor headlines...not one mention of THE most significant bit of news this year, the IR rise.

Either I'm paranoid os they are s**ting it and trying to counter this good news with MSM propaganda.

I agree they must have been saving this story ready for the start of interest rises.
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HOLA445

I agree they must have been saving this story ready for the start of interest rises.

Seen it all before.

Even in the summer of 2007 the MSM was still pedaling the myth.

If anyone can post on that sky news story and complain about it's validity in the light of IR rises then that would be time well spent me thinks

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"Rent costs are already growing at a rate that people are struggling to keep up with, and theyre due to become even less sustainable over the next decade particularly when the new landlord tax sets in, which will put off many would-be landlords from entering the market says David Cox, managing director of ARLA.

If were to see the property market lifted out of its current state, we need to help the rental market from top down as well as bottom up, ensuring landlords are not penalised for their choice of income, and they can in turn give tenants the best possible price and service they deserve. "

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"Rent costs are already growing at a rate that people are struggling to keep up with, and theyre due to become even less sustainable over the next decade particularly when the new landlord tax sets in, which will put off many would-be landlords from entering the market says David Cox, managing director of ARLA.

If were to see the property market lifted out of its current state, we need to help the rental market from top down as well as bottom up, ensuring landlords are not penalised for their choice of income, and they can in turn give tenants the best possible price and service they deserve. "

What f**king planet are these people on ?

They're living off the backs of tax payers and workers and they'd like to see " ensuring landlords are not penalised for their choice of income"

The UK has got a lot of pain to come.

Edited by TheCountOfNowhere
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HOLA4417

The cebr report doesn't seem to be available anywhere. Consequently we cannot tell what the assumptions behind it are. They may assume a benign interest rate environment and continued current levels of foreign investor demand, for example. How would we know?

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HOLA4419

this actually equates to 4.1% compound interest annual rate of growth which is dramatically less than the previous few years across the UK than the recent decade

just another way of ramping hpi profits whilst actually reporting a decrease in rates

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HOLA4420

The study was compiled by the Centre for Economics and Business Research for the National Association of Estate Agents (NAEA) and the Association of Residential Letting Agents.

Funny that.....

You can't really blame them. The press has been full of messages which help turn sentiment on housing. Once sentiment changes, it's game over.

Has the CEBR now become content to whore itself out to any group of spivs and chancers looking for positive PR? They'll end up like the august Institute of Studies, often quoted in Daily Mash stories.

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HOLA4421

You can't really blame them. The press has been full of messages which help turn sentiment on housing. Once sentiment changes, it's game over.

Has the CEBR now become content to whore itself out to any group of spivs and chancers looking for positive PR? They'll end up like the august Institute of Studies, often quoted in Daily Mash stories.

CEBR know all about whoring. And smoking crack rocks.

One of Britain’s top economists, a key adviser to Chancellor George Osborne, is to face trial over allegations he assaulted a prostitute after she refused to smoke crack cocaine with him, a court heard today.

Scandal-hit Professor Douglas McWilliams, 63, is accused of attacking Beverly Shearon at her flat on New Year’s Eve.

His alleged victim Ms Shearon, 48, turned up at St Albans Magistrates Court in Hertfordshire for today’s hearing, even though Professor McWilliams didn’t.

Prof McWilliams announced at the weekend he is to step down as executive chairman of influential City think-tank the Centre for Economic and Business Research (CEBR) after footage emerged of him apparently smoking crack cocaine in a seedy north London drugs den.

Prof McWilliams, an adviser to government departments, says he will take a five month “sabbatical” from the CEBR, which he founded, but plans to return to full-time work there in August.

The multi-millionaire, who lives in a £3.5million four-storey Georgian townhouse near Regents Park in central London, was excused attending today’s hearing.

Split-Prostitute.jpg

http://www.mirror.co.uk/news/uk-news/douglas-mcwilliams-government-adviser-facing-5266096

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HOLA4425

Are the methodology and assumptions behind the report outlined anywhere?

They mentioned this on the BBC news this morning [5.30 Business].

They stated the methodology was very simple - based on prices rising at the same rate as they had for the last 10 years.

Fantastic.

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