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Ash4781

BBC houseprices article

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https://www.bbc.co.uk/news/business-44739012

“Tens of thousands of £1m-plus homes have been sold in the last 10 years - but in 16 areas of England and Wales no property topped the £1m mark.”

I expect the BBC wanted an article on the page for Saturday. It’s quite disappointing really because the ‘research’ just appears to be a database query and matching table. Sigh. 

77B214D5-5025-47D3-AA23-60E85576049F.jpeg

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Why disappointed?  Technology and social media have drastically lowered the bar for accurate, insightful news and for informed opinion.  Journalists with the time, resources, and drive to look for valuable stories are easily replaced with fatuous simplistic output from readily available sources. All the elites have to do is to wrap their work in clouds of secrecy and presto - they get away.

House price financialisation, the rentier economy, the rise of the strongman politician are all signs.

 

What the BBC missed can the average citizen ever earn £1M?

 

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Smacks of complete desperation to me...The BBC web editorial team in the meeting... "So....How can we somehow spin a HPI story when clearly prices are falling or at best stagnating...mmm...I have an idea!". What a totally convoluted non-story.

Smacks of trying to encourage those loadsamoney southerners to go buy up streets worth of  houses in the grim North.

Have they mention the prices crashing in Prime Central London yet? Actually that's probably a silly question. I still can't believe we have to pay a licence for this bull****.

Well done The Biased Broadcasting Corporation. Tossers.

Edited by deadlyavenger
more venting

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If you think of any unfashionable place in the UK such as Scunthorpe, Airdrie, or Dewsbury and search on Rightmove for houses within 5 miles for over £800K you'll see enormous places with tennis courts and pony paddocks. Everybody knows this already so the BBC is wasting their time and licence payers' money.

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This is awful...the richest families in these areas missing out on their fair share of the wealth transfer from the young and less well off through HPI....HMG needs to act to distort the markets to ensure folk can sell the houses they bought for peanuts pre 2000 for £1mill plus today and have very comfortable retirement in France. 

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  • 301 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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