Tuesday, August 22, 2006

BBC in complete denial of housing market downturn

Persimmon upbeat on house market

True to form, the BBC has rurned a blind eye to the coming housing market chaos, and instead reports on Persimmon's rising profits for the "first half of this year". The number of completions has risen sharply too - but only because of their acquisition of Westbury. Desperate means call for desperate measures, I guess.

Posted by paul @ 11:28 AM (601 views)
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12 thoughts on “BBC in complete denial of housing market downturn

  • What I don’t understand is why the BBC have such a vested interest in pulling the wool over people’s eyes. Being a public organisation, they surely cannot be gaining financially from this biased reporting and I cannot believe that following the Dr David Kelly affair (where they were actually in the right about government lies) that they have become such a government propaganda machine. Please if anyone has a line on why the BBC report in such a heavily biased way, let us know.

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  • Rod, Jane & Freddy says:

    I’ve just mailed the BBC asking why they ran with this story as headline news while deciding not to make any mention of the enormous drop in asking prices revealed by Rightmove yesterday.

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  • Maybe the VI is->

    1. So that BBC’s presenters who say “Houses always go up, win win blah blah”, don’t look so stupid.
    2. The Boss of the BBC is a big BTL’er.
    3. They help the Goverments propaganda so that they don’t loose the licence fee system.

    I’m not sure, but I’m sure of one thing there going to look a right set of idiots when things go U-Turn.

    They make out there doing the people a service with there Watchdog type programmes, the recent one being “Old Dogs, New Tricks”. eg. Trying to track down a company selling Tablets that claim to loose wait. But yet they don’t look to there own house with these presenters making false claims, stupid “Homes Under the Hammer” type programs have done more harm to the country than a small company selling fake diet tablets. The ITV could have a field day with “Tonight with Trevor McDonald” on this subject, buts that’s unlikely because there probably scared too.!!!

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  • Wasn’t it Gilligan of the BBC who first identified the dodgy dossier that proved that Blair had little or no reason to resist the population of Britain and go to war with Iraq. Blair denied everything and basically got Gilligan and the BBC Directors sacked. I guess the prelacements were either put their by the Labour party to represent Labour interests, or at the very least they’re too scared to do anything other than protect Labours interests.

    Basically Labour has removed the independence of the BBC. It is now a government propoganda machine – the best excuse yet to refuse to pay the licence fee.

    And of course the government is relying on house prices not plummeting.

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  • I think it’s good that the BBC are bigging up the property market. It paves the way for more IR rises!

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  • Those cut’n paste journalism graduates at the BBC never were all that clever.

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  • Perhaps like the “ALLEGED” Terror Plot it is just an “ALLEGED” downward movement in house prices. By the way when is the BEEB going to give us the next installment of that stupid BTL women and her credit woes……

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  • I would imagine most of the senior editorial and production staff at the BEEB and national press
    have gambled their pensions in property portfolios. There lies your answer. Control the media, control the masses. It’s that simple. Would imagine they are delaying the truth while they cash in and leave the inevitable losses to the sheep.

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  • I just saw this item on News 24. It was unbelievable. They reported it as if it was great news for everyone and the gospel. They then interviewed the Persimon CEO and made a reference to the Rightmove figures in the context of unreliability of various reports.
    Truly outrageously biased coverage

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  • tyrellcorporation says:

    The BBC have always religiously printed articles by Shipside at Rightmove as they have, almost without exception, been bullish. It does seem a little obvious when they choose not to print a (although spurious) more downbeat analysis of the market.

    … I can’t stand the BBC anyway – £18m for three years of Jonathan Ross, I mean, I ask you, is that wise?!? Oh and lets not forget that simpering idiot Kaplinsky and her face you just want to slap with a kipper!

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  • Don’t know how much good it will do, but I’ve just thrown in an official complaint. I doubt they will even get back to me.

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