TheCountOfNowhere Posted December 17, 2015 Share Posted December 17, 2015 (edited) 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 December 17, 2015 by TheCountOfNowhere Quote Link to comment Share on other sites More sharing options...
TheCountOfNowhere Posted December 17, 2015 Author Share Posted December 17, 2015 Oh, hang on,,,the report is from: "by the Centre for Economics and Business Research for the National Association of Estate Agents (NAEA) " They must be s**ting themselves. Quote Link to comment Share on other sites More sharing options...
Odysseus Posted December 17, 2015 Share Posted December 17, 2015 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..... Quote Link to comment Share on other sites More sharing options...
awaytogo Posted December 17, 2015 Share Posted December 17, 2015 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. Quote Link to comment Share on other sites More sharing options...
TheCountOfNowhere Posted December 17, 2015 Author Share Posted December 17, 2015 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 Quote Link to comment Share on other sites More sharing options...
frederico Posted December 17, 2015 Share Posted December 17, 2015 This is going to hurt, They better not be believing their own ******** Quote Link to comment Share on other sites More sharing options...
Si1 Posted December 17, 2015 Share Posted December 17, 2015 Are the methodology and assumptions behind the report outlined anywhere? Quote Link to comment Share on other sites More sharing options...
Si1 Posted December 17, 2015 Share Posted December 17, 2015 Doublethink from arla today: https://www.lettingagenttoday.co.uk/breaking-news/2015/12/rents-and-size-of-letting-sector-set-to-soar-by-2025-predicts-arla Quote Link to comment Share on other sites More sharing options...
TheCountOfNowhere Posted December 17, 2015 Author Share Posted December 17, 2015 Are the methodology and assumptions behind the report outlined anywhere? yes, I think so, here they are I think: " the National Association of Estate Agents (NAEA) " Quote Link to comment Share on other sites More sharing options...
Si1 Posted December 17, 2015 Share Posted December 17, 2015 "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. " Quote Link to comment Share on other sites More sharing options...
Si1 Posted December 17, 2015 Share Posted December 17, 2015 (edited) 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 December 17, 2015 by Si1 Quote Link to comment Share on other sites More sharing options...
TheCountOfNowhere Posted December 17, 2015 Author Share Posted December 17, 2015 (edited) "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 December 17, 2015 by TheCountOfNowhere Quote Link to comment Share on other sites More sharing options...
interestrateripoff Posted December 17, 2015 Share Posted December 17, 2015 The wonder of compound growth.... Are wages going to increase as well?? Quote Link to comment Share on other sites More sharing options...
frederico Posted December 17, 2015 Share Posted December 17, 2015 I expect all those landlords will be upping the wages of their employees, oh wait.. Quote Link to comment Share on other sites More sharing options...
olde guto Posted December 17, 2015 Share Posted December 17, 2015 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. Quote Link to comment Share on other sites More sharing options...
Dorkins Posted December 17, 2015 Share Posted December 17, 2015 Soon be time to bust out Dan and Peter Snow for another episode of What Makes Britain Rich, the ultimate shoeshine boy moment: http://www.bbc.co.uk/programmes/b00794pb Quote Link to comment Share on other sites More sharing options...
Si1 Posted December 17, 2015 Share Posted December 17, 2015 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? Quote Link to comment Share on other sites More sharing options...
R K Posted December 17, 2015 Share Posted December 17, 2015 The wonder of compound growth.... Are wages going to increase as well?? Quote Link to comment Share on other sites More sharing options...
hp72 Posted December 17, 2015 Share Posted December 17, 2015 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 Quote Link to comment Share on other sites More sharing options...
Simon Taylor Posted December 17, 2015 Share Posted December 17, 2015 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. Quote Link to comment Share on other sites More sharing options...
zugzwang Posted December 17, 2015 Share Posted December 17, 2015 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. http://www.mirror.co.uk/news/uk-news/douglas-mcwilliams-government-adviser-facing-5266096 Quote Link to comment Share on other sites More sharing options...
rantnrave Posted December 17, 2015 Share Posted December 17, 2015 So it's a tacit admission that house prices don't in fact double every seven years. Quote Link to comment Share on other sites More sharing options...
Si1 Posted December 17, 2015 Share Posted December 17, 2015 CEBR know all about whoring. And smoking crack rocks. Same chap's opinion on the fed ir rise https://mobile.twitter.com/DMcWilliams_UK/status/677209883024977920 Douglas McWilliams Douglas McWilliams @DMcWilliams_UK Cebr on Fed rate rise 'an unnecessary rise to combat nonexistent inflation' Quote Link to comment Share on other sites More sharing options...
“Nasty Piece of work” Posted December 17, 2015 Share Posted December 17, 2015 Has anyone dug the horse shyte peddled by these media whores in previous years? A prepared bit of fluff in an attempt to muffle the mood music. Quote Link to comment Share on other sites More sharing options...
ccc Posted December 17, 2015 Share Posted December 17, 2015 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. Quote Link to comment Share on other sites More sharing options...
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