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disenfranchised

Express still ramping...

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Same old lowest-common-denominator-targeting, thinly-veiled agenda-driven trash.

I find the stock images particularly nauseating - their inclusion adding strongly to the supposition that the writers are heavily selling a product / ideology rather than impartially reporting factual news. These pieces seem to be getting increasingly desperete.. which is hardly surprising given the current state of the market.

Anyone who subscribes to / believes this tripe really does deserve a lobotomy...

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"According the Barclays Bank research, 38 per cent of high net worth investors planning to purchase property in northern regions think property prices are going to rise there."

So the remaining 62% are presumably mentally sub-normal or just not very good investors?

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52 minutes ago, ftb_fml said:

Same old lowest-common-denominator-targeting, thinly-veiled agenda-driven trash.

I find the stock images particularly nauseating - their inclusion adding strongly to the supposition that the writers are heavily selling a product / ideology rather than impartially reporting factual news. These pieces seem to be getting increasingly desperete.. which is hardly surprising given the current state of the market.

Anyone who subscribes to / believes this tripe really does deserve a lobotomy...

I'm not sure that a lobotomy would be the right thing to do, as it's very likely that anyone who subscribes to / believes this tripe has a brain that's in excellent condition.

After all, it's never been used.

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I've noticed the Express and DM have changed tack... from ramping and celebrating HPI to highlighting the lack of supply and urging the gullible sheep to panic buy, buy, BUY!

Hurry up and buy somewhere now, before the houses all run out!

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4 hours ago, disenfranchised said:

...but the detail is in the fine print. Headline says "SOAR!" but Barclays predicting 6.1% increase by 2021... so under 1.5% per annum.

Hoping rather than predicting might be a better description.

http://www.express.co.uk/life-style/property/810527/property-news-house-prices-uk

That's not a ramp........... this is a ramp.....

 

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5 hours ago, btd1981 said:

"According the Barclays Bank research, 38 per cent of high net worth investors planning to purchase property in northern regions think property prices are going to rise there."

So the remaining 62% are presumably mentally sub-normal or just not very good investors?

Read that as 38% of high net worth Individuals are priced out of the SE.

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12 hours ago, GreenDevil said:

Read that as 38% of high net worth Individuals are priced out of the SE.

And that 62% of high net worth northern property buyers ... DON'T think property will rise in value. 

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2 hours ago, Grab_Some_Popcorn said:

And that 62% of high net worth northern property buyers ... DON'T think property will rise in value. 

But why would this 62% still want to invest in an asset that they expect to flatline at best? Are they control freaks?

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20 minutes ago, btd1981 said:

But why would this 62% still want to invest in an asset that they expect to flatline at best? Are they control freaks?

Because they have nothing else to do with their money.

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1 hour ago, Ah-so said:

I liked this one from 2008, published when house prices were falling:

http://www.express.co.uk/news/uk/39552/House-prices-still-on-the-rise

 

Brilliant reminder Ah-so...

Quote

Housing expert John Wriglesworth said: “I do not believe we will have a price crash. We are an overcrowded island with an ever-growing population. People have an innate desire to be home owners and supply is short.

“In those circumstances I think there is more chance of finding Elvis on the moon than house prices crashing over the next five years. Prices may not be rising as sharply as they have been but there is no sign of them going into freefall either.

“The problem is that lenders are not offering the deals they were, but if you take a five-year comparison house prices are way up.”

Howard Archer, chief economist for Global Insight, said: “We believe the downside will be limited by the rising number of households, an overall shortage of supply, high employment, further gradual but steady interest rate cuts and the fact that few vendors are currently having to sell for ‘distressed’ reasons.

Sound familiar?

Think we should start a HPI articles from 08' thread.

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