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Realistbear

Blast From The Past--bbc Would Like A H P C

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http://news.bbc.co.uk/1/hi/business/3701070.stm

Why I'd like a house price crash

Evan Davis

Analysis

By Evan Davis

BBC economics editor

A couple look in estate agent window
Out of reach: High prices can deter first-time buyers
One of the more striking features of the recent housing bubble has been the proliferation of house price measures.
When I started at the BBC, there were only two each month that we got close to reporting - the Halifax and Nationwide ones.
No matter that it is mis-leading to report house price rises repeatedly (giving, say, the figure for August house price rise five different times with five different surveys offers the false impression that house prices are accelerating).
I wonder if Gordo had this chap fired?
No matter that monthly measures of house price jump all over the place. We keep reporting them, because people keep reading them.

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I wonder if Gordo had this chap fired?

Certainly not, he's still the BBC's Economics Editor. He was on the NewsWatch programme only last year trying to defend the BBC's rather erratic coverage of house price movements.

Both he and the BBC's other economics editor, Jeff Randall (whose Telegraph article was referenced here a few days ago), plus the former BBC economics editor Peter Jay have both expressed "pro-crash" comments in the media.

The BBC are not as anti-HPC as many people think. In general I still have some respect for their news-gathering organisation even if many others here don't.

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Certainly not, he's still the BBC's Economics Editor. He was on the NewsWatch programme only last year trying to defend the BBC's rather erratic coverage of house price movements.

Both he and the BBC's other economics editor, Jeff Randall (whose Telegraph article was referenced here a few days ago), plus the former BBC economics editor Peter Jay have both expressed "pro-crash" comments in the media.

The BBC are not as anti-HPC as many people think. In general I still have some respect for their news-gathering organisation even if many others here don't.

Nice New Cat WL!

ON THE BBC

They have been pumping out house bubble creation propaganda for 5 years and all of a sudden (and I bet all having sold off their BTLs in preparation), they put out a few bearish commentaries on the back of the financial inevitability that the wind will blow the other way, and look oh so precient and 'ahead of the game' and you guys all just forgive them? Make them suffer. :o The BBC is not just a news-gatherer, it is a full scale propaganda merchant for the ruling elite. But like every good propagandist, it must appear to be aligned with reality. I'm sorry. I'm a foreigner. I don't bear such sentimentality towards the English Auntie ;)

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isnt this article about 2 years old???

TB

Yes--it was intended as a "blast from the past"--interesting how a bearish article appeared from the BBC whereas it is nothing but HPI ramping lately.

Surprsing the writer survived given Gordon's policy on underpinning HPI and MEW.

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RB has to be the most desperate bear here.

Have you liquidated your portfolio yet? Or do you not subscribe to the golden rule of investing? (Buy low sell high).

<_<

The "blast from the past" is a nice history lesson and puts a perspective on today's spin from the BBC. You don't hear too much from realists at the Beeb these days. The boat cannot take too much rocking as is the case with the Bulls eh? <_<

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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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