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Apologies if this has already been mentioned, please feel free to delete merge as req'd.

Just spotted this in the FT at lunchtime...

Particular listings

"Rightmove....about to float etc etc....

... has come under attack from an unusual quarter - another website devoted to the downfall of the Uk housing market.

Housepricecrash.co.uk has complained to trading standards officers and th Uk listing authority about some erroneous figures that ahave appeared on Rightmove, such as £110m housein Yate and a £5m studio flat in Cheshire.

Perhaps, the group hint, these have helped to create the illusion of a bouyant housing market ahead of the Rightmove IPO. This is rhubarb says Rightmove. Not only does the group filter out any erroneous figures when calculating its monthly data, but it also has no reason to manipulate the market.

Its turnover comes from subscriptions from estate agents, which do not depend on the number of homes or their asking prices.

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Its turnover comes from subscriptions from estate agents, which do not depend on the number of homes or their asking prices.

And if those estate agents go out of business....??

Hmmm no more subscriptions. Ho ho

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Apologies if this has already been mentioned, please feel free to delete merge as req'd.

Just spotted this in the FT at lunchtime...

Particular listings

"Rightmove....about to float etc etc....

Housepricecrash.co.uk has complained to trading standards officers and th Uk listing authority about some erroneous figures that ahave appeared on Rightmove, such as £110m housein Yate and a £5m studio flat in Cheshire.

Excellent.

I emailed FT a few days ago with link to the Rightmove average price thread and copy of my complaint

But I'm still waiting for a response from both Trading Standards and UK Listing Authority.

Edited by Baz63

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checkout the Rightmove thread in the pinned topics

- 2nd report after Bloomberg I believe - a little guarded but good nonetheless.

I wonder if any of these journalists will do their own research.

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checkout the Rightmove thread in the pinned topics

- 2nd report after Bloomberg I believe - a little guarded but good nonetheless.

I wonder if any of these journalists will do their own research.

No. The FT report was lifted straight from the HPC thread

Edited by Baz63

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rhubarb.... love it :) Seriously its quite cool, although i would take the rightmove statement as a warning shot accross the bows, we need serious backed up evidence to prove beyond reasonable doubt.....

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No. The FT report was lifted straight from the HPC thread

I just meant that it was the second publication to report on our misgivings.

devoted to the downfall of the Uk housing market.

Makes us sound like an evil sect in an Indiana Jones movie.

:D fellow devotees, I salute you.

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another website devoted to the downfall of the Uk housing market.

Housepricecrash.co.uk

I didn't realize that this website was devoted to the downfall of the housing market. There was me thinking that it wanted the return of a more sensible market. Ho hum, British journalists,

Peter.

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I didn't realize that this website was devoted to the downfall of the housing market. There was me thinking that it wanted the return of a more sensible market. Ho hum, British journalists,

Peter.

Ah well, we can't have everything.

Good to get a write up in the FT. Slowly but surely the message is spreading

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Ah well, we can't have everything.

Good to get a write up in the FT. Slowly but surely the message is spreading

Surely the fact that their figures do not even include reductions to the price since the property went on the market is enough to raise potential investors' concerns?

Where's zorn got to? He should be defending his employer to the very last!

frugalista

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Don't get too excited about our mention.

The press and labour government may (in the not so distant future) be looking for scapegoats.

"HPC - another website devoted to the downfall of the UK housing market"

We could be at the top of the list!!

HPC members will be traced down and their mugshots taken and put onto the BBC News website!!

You have been warned...!!

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Haha, HPC is deicated to the downfall of the housing market? Pull the other one. It's simply a group of people from the general public that question where the housing market is going. Additionally HPC isn't an organisation in the way Rightmove is, for example. So the FT article should equally have said something such as "members of the general public have referred Rightmove to the OFT after questioning the validity of their pre-flotation figures and press report".

Well done Baz and the others involved.

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Ah well, we can't have everything.

Good to get a write up in the FT. Slowly but surely the message is spreading

If a website can complain to trading standards, can it also sue for libel?

Billy Shears

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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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