Laura Posted July 8, 2008 Share Posted July 8, 2008 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." LINK but the rest is nothing special Quote Link to comment Share on other sites More sharing options...
Guest pioneer31 Posted July 8, 2008 Share Posted July 8, 2008 "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" Quote Link to comment Share on other sites More sharing options...
Normal Posted July 8, 2008 Share Posted July 8, 2008 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? Quote Link to comment Share on other sites More sharing options...
Leonard Hatred Posted July 8, 2008 Share Posted July 8, 2008 "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! Quote Link to comment Share on other sites More sharing options...
bobthe~ Posted July 8, 2008 Share Posted July 8, 2008 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 Quote Link to comment Share on other sites More sharing options...
interestrateripoff Posted July 8, 2008 Share Posted July 8, 2008 Perhaps the media should start lending mortgages that should get the economy moving again. Quote Link to comment Share on other sites More sharing options...
Warwick-Watcher Posted July 8, 2008 Share Posted July 8, 2008 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... Quote Link to comment Share on other sites More sharing options...
General Melchett Posted July 8, 2008 Share Posted July 8, 2008 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..... Quote Link to comment Share on other sites More sharing options...
bobthe~ Posted July 8, 2008 Share Posted July 8, 2008 "If it wasn't for you meddling kids I'd have gotten away with it!" Grrr... Now that is spooky. Quote Link to comment Share on other sites More sharing options...
huw Posted July 8, 2008 Share Posted July 8, 2008 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. Quote Link to comment Share on other sites More sharing options...
dolce vita Posted July 8, 2008 Share Posted July 8, 2008 Slagging out f*ckwits like this on MSE is what got me banned from the site. I don't half miss the place. Quote Link to comment Share on other sites More sharing options...
Concrete Jungle Posted July 8, 2008 Share Posted July 8, 2008 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. Quote Link to comment Share on other sites More sharing options...
indebted Posted July 8, 2008 Share Posted July 8, 2008 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??? Quote Link to comment Share on other sites More sharing options...
Not Long Now Posted July 8, 2008 Share Posted July 8, 2008 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." 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. Quote Link to comment Share on other sites More sharing options...
dolce vita Posted July 8, 2008 Share Posted July 8, 2008 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. Quote Link to comment Share on other sites More sharing options...
JustAnotherProle Posted July 8, 2008 Share Posted July 8, 2008 "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." 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 Quote Link to comment Share on other sites More sharing options...
juvenal Posted July 8, 2008 Share Posted July 8, 2008 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... Quote Link to comment Share on other sites More sharing options...
hpc-craig Posted July 8, 2008 Share Posted July 8, 2008 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 Quote Link to comment Share on other sites More sharing options...
Little Professor Posted July 8, 2008 Share Posted July 8, 2008 I didn't even get a warning. They just banned my IP address. Can't you just restart your router? Quote Link to comment Share on other sites More sharing options...
Not Long Now Posted July 8, 2008 Share Posted July 8, 2008 Can't you just restart your router? IP address identifies the specific connection you are using. Changing your router would still use the same IP I believe. Quote Link to comment Share on other sites More sharing options...
Little Professor Posted July 8, 2008 Share Posted July 8, 2008 (edited) 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 July 8, 2008 by Little Professor Quote Link to comment Share on other sites More sharing options...
Little Professor Posted July 8, 2008 Share Posted July 8, 2008 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 Quote Link to comment Share on other sites More sharing options...
dolce vita Posted July 8, 2008 Share Posted July 8, 2008 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. Quote Link to comment Share on other sites More sharing options...
ursus darling Posted July 8, 2008 Share Posted July 8, 2008 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. Quote Link to comment Share on other sites More sharing options...
Not Long Now Posted July 8, 2008 Share Posted July 8, 2008 (edited) 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 July 8, 2008 by Notlongnow Quote Link to comment Share on other sites More sharing options...
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