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Laura

The Crash & Nr Made Worse By The Media

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Having a minor spat on MSE & being accused of making 'sweeping statements' ..(who, me?)

& then a gem. We must have it wrong folks?

"Whilst it is obvious that the house prices are falling, I think the so called "crash" wouldnt be half as bad if it wasnt in the media on a daily basis. With all the media coverage about falling house prices it is inevitable that people particulary FTB's will hold out in order to get a much cheaper property. The longer people hold out the lower the house prices will get.

Just look at the Northern Rock situation, that wouldnt have been no where near as bad without the Media Coverage. I think the same applies to a housing market crash, without the media sure things would get a bit tighter, prices would fluctuate according to supply and demand but surely we wouldnt be fearing a 50% fall in prices."

:blink:

LINK but the rest is nothing special

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Guest pioneer31

"Whilst it is obvious that the house prices are rising, I think the so called "boom" wouldnt be half as bad if it wasnt in the media on a daily basis. With all the media coverage about ramping house prices it is inevitable that people particulary FTB's will panic in order to get a property before it's too late. The more people panic the higher the house prices will get"

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but surely we wouldnt be fearing a 50% fall in prices.

All of this reporting and we're only getting a 50% fall? Hardly seems worth the effort does it?

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"Whilst it is obvious that the house prices are rising, I think the so called "boom" wouldnt be half as bad if it wasnt in the media on a daily basis. With all the media coverage about ramping house prices it is inevitable that people particulary FTB's will panic in order to get a property before it's too late. The more people panic the higher the house prices will get"

Damn! Beaten to it! :P

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Two Tailor's write:

"And we woulda gotten away with it if it hadn't been for that meddling kid."*

*With apologies to Scooby, Shaggy and Hans Christian Anderson

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Having a minor spat on MSE & being accused of making 'sweeping statements' ..(who, me?)

& then a gem. We must have it wrong folks?

"Whilst it is obvious that the house prices are falling, I think the so called "crash" wouldnt be half as bad if it wasnt in the media on a daily basis. With all the media coverage about falling house prices it is inevitable that people particulary FTB's will hold out in order to get a much cheaper property. The longer people hold out the lower the house prices will get.

Just look at the Northern Rock situation, that wouldnt have been no where near as bad without the Media Coverage. I think the same applies to a housing market crash, without the media sure things would get a bit tighter, prices would fluctuate according to supply and demand but surely we wouldnt be fearing a 50% fall in prices."

"If it wasn't for you meddling kids I'd have gotten away with it!" Grrr... :P

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So if everyone stuck their heads up their own ar$es for 6 months we wouldnt be able to be influenced by what's said in the meeja and all would be OK???

Works for me. Pass the vaseline.....

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Having a minor spat on MSE & being accused of making 'sweeping statements' ..(who, me?)

& then a gem. We must have it wrong folks?

"Whilst it is obvious that the house prices are falling, I think the so called "crash" wouldnt be half as bad if it wasnt in the media on a daily basis. With all the media coverage about falling house prices it is inevitable that people particulary FTB's will hold out in order to get a much cheaper property. The longer people hold out the lower the house prices will get.

Just look at the Northern Rock situation, that wouldnt have been no where near as bad without the Media Coverage. I think the same applies to a housing market crash, without the media sure things would get a bit tighter, prices would fluctuate according to supply and demand but surely we wouldnt be fearing a 50% fall in prices."

The poster is right, of course. Markets do, after all, need information to work efficiently.

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So it was fine for the media to talk up prices and the miracle economy for 10 years. But to talk about the falling prices and the fact that the miracle economy was infact a lie is not ok. <_<<_<

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Slagging out f*ckwits like this on MSE is what got me banned from the site.

I don't half miss the place.

WTF? You've been banned?

So much for freedom of speech!

When did you get banned???

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Having a minor spat on MSE & being accused of making 'sweeping statements' ..(who, me?)

& then a gem. We must have it wrong folks?

"Whilst it is obvious that the house prices are falling, I think the so called "crash" wouldnt be half as bad if it wasnt in the media on a daily basis. With all the media coverage about falling house prices it is inevitable that people particulary FTB's will hold out in order to get a much cheaper property. The longer people hold out the lower the house prices will get.

Just look at the Northern Rock situation, that wouldnt have been no where near as bad without the Media Coverage. I think the same applies to a housing market crash, without the media sure things would get a bit tighter, prices would fluctuate according to supply and demand but surely we wouldnt be fearing a 50% fall in prices."

:blink:

LINK but the rest is nothing special

....and maybe the boom (that created the conditions for such a big crash) wouldn't have been quite so bad if we hadn't talked so much in the media about "property investing".

Swings and roundabouts I guess.

I for one will not mind the crash (even if I lose my job - which looks likely) providing I can see Martin Roberts and Kirsty Allsop living in destitution in a ditch.

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WTF? You've been banned?

So much for freedom of speech!

When did you get banned???

Got banned a few months ago.

For having a go at a few of the heavyweights on there who were talking rubbish.

I didn't even get a warning. They just banned my IP address.

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"Whilst it is obvious that the house prices are falling, I think the so called "crash" wouldnt be half as bad if it wasnt in the media on a daily basis. With all the media coverage about falling house prices it is inevitable that people particulary FTB's will hold out in order to get a much cheaper property. The longer people hold out the lower the house prices will get.

Just look at the Northern Rock situation, that wouldnt have been no where near as bad without the Media Coverage. I think the same applies to a housing market crash, without the media sure things would get a bit tighter, prices would fluctuate according to supply and demand but surely we wouldnt be fearing a 50% fall in prices."

:blink:

Hmm I'm having trouble working out which logical fallacy box this post will fit in....False Attribution maybe? or Proof by Assertion..you know in all this excitement I can't make my mind up :rolleyes:

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On R5 Live Victoria Derbyshire show this morning (on the imminent recession) there was plenty of 'anger phase' in evidence, including the increasingly common 'it's all the fault of the media' moan.

House price falls were to the forefront of the show, with interviews with individual EA's who are shutting up shop this very week. They blamed everything and everyone - except the fact that house prices are far too high. Victoria, to her discredit, only brought it up once, at the very end of the show. It was roundly denied by a newly-redundant EA, who said that 'house prices have gone up...because they've gone up'. Real brain at work, there...

Expect a lot more of blame directed at the Media. People are beginning to seek something to lash out at, as they realise the war isn't a phoney one, but for real.

It will interesting when attacks on the Media inevitably begin to examine and include the role of the property ramping shows...

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All this 'Blame the media' talk will get Crash Gordon off the hook.

How many excuses will we get through before the finger is pointing (rightly) to him? We've had:

1. American Subprime

2. Credit Crunch

3. Worldwide Economic Problems

4. Meeja

5? Gordon Brown

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IP address identifies the specific connection you are using. Changing your router would still use the same IP I believe.

Not for most people AFAIK. People actually have to pay extra to get a static ip address, most people have dynamic ip addresses which change when the connection is renegotiated. Switching off the router for 5 minutes and then restarting it usually gets you a new ip.

Edited by Little Professor

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Back on topic, another MSE-er today complaining about media coverage of house prices:

aarrrrrrrrrgggggghhhhh

I have to say I wish the media would stop reporting about how bad things could get. What are we meant to do about it.

I brought my home at 95% LTV on a fixed rate for 2 years that is due to expire next June - will all of the worry i don't know weather to cut my losses, pay the redemption fees and remortgage now incase mortgage rates go up by alot.

So fed up with it all, it's driving me mad to keep thinking about what if's

http://forums.moneysavingexpert.com/showth....html?t=1020937

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Not for most people AFAIK. People actually have to pay extra to get a static ip address, most people have dynamic ip addresses which change when the connection is renegotiated. Switching off the router for 5 minutes and then restarting it usually gets you a new ip.

Thanks prof and others who have replied to this.

I'm not a very techie type person so am not sure how all this interweb stuff works.

I have tried switching off the router but it didn't work.

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Depends on how long the IP lease is. Most ISPs use dynamic IPs and give 24 hours IP address leases. Releasing the ip address, switching off the router for 24 hours and switching it back on is 99% likely to give you a new IP address.

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Thanks prof and others who have replied to this.

I'm not a very techie type person so am not sure how all this interweb stuff works.

I have tried switching off the router but it didn't work.

Sorry - still off topic...

But I believe that they would block the entire range of IP addresses that you are capable of logging on to through your ISP.

EDIT: I would suggest either 1) changing your ISP, or 2) add another dial up account, and see if you can use this alongside your current broadband to log onto MSE.

But i'm not really an expert if i'm honest.

Edited by Notlongnow

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  • 396 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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