Jump to content
House Price Crash Forum
TheCountOfNowhere

Sky News: House Prices To Jump 50% By 2025

Recommended Posts

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

Share this post


Link to post
Share on other sites

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.....

Share this post


Link to post
Share on other sites

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.

Share this post


Link to post
Share on other sites

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

Share this post


Link to post
Share on other sites

"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. "

Share this post


Link to post
Share on other sites

Maybe we don't want the property market lifted out of its current state?

Buy that would contradict the report which says house prices are going to Saturn?

Edited by Si1

Share this post


Link to post
Share on other sites

"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

Share this post


Link to post
Share on other sites

I'd love the government to respond to stuff like this by saying it is a highly disturbing report so immediate measures must be taken to prevent this, with HTB abandoned and mortgage lending further tightened.

Won't happen though.

Share this post


Link to post
Share on other sites

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?

Share this post


Link to post
Share on other sites

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

Share this post


Link to post
Share on other sites

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.

Share this post


Link to post
Share on other sites

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

Share this post


Link to post
Share on other sites

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.

Share this post


Link to post
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now

  • Recently Browsing   0 members

    No registered users viewing this page.

  • The Prime Minister stated that there were three Brexit options available to the UK:   212 members have voted

    1. 1. Which of the Prime Minister's options would you choose?


      • Leave with the negotiated deal
      • Remain
      • Leave with no deal

    Please sign in or register to vote in this poll. View topic


×

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.