Monday, Oct 02, 2006

Oh hello - will 2006 be "An Interesting Year" for the wrong reasons?

The Independent: Surging house prices 'signal the start of a fresh boom'

An alternative view to those typically held at this Blog. Prices look firm based upon good fundamentals. Do you ever get the feeling that you're a lone voice in the wilderness?

Posted by talking rot @ 02:25 PM (452 views)
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1. Surfgatinho said...

Hometrack, Your Move, Knight Frank ... Hardly and independent opinion. Last paragraph shows the article for the VI spin it is:
"The Bank of England's Monetary Policy Committee (MPC) meets on Wednesday and Thursday to set interest rates with its full complement of nine economists for the first time since March. Only one City economist does not believe they will leave the base rate unchanged at 4.75 per cent."
That's the good fundamentals!

Monday, October 2, 2006 03:44PM Report Comment

2. inbreda said...

not so much "lone" as "sane"

Monday, October 2, 2006 04:18PM Report Comment

3. uncle chris said...

What scares me is that the media knows that many of the people reading the article will believe them. Sad to say that they have learnt this from a government that has relied on constant spin to massage the reality. Unfortunately it will be the more, shall we say suggestable individuals in our society who will lose out in the coming crash - which will come despite what the VIs tell us. Yes, even I admit it's taking longer than I thought it would, but the longer it doesn't happen the harder it is going to get.

Monday, October 2, 2006 04:31PM Report Comment

4. European-bear said...

Something that can't go on for ever, doesn't

Monday, October 2, 2006 04:54PM Report Comment

5. Cstanhope707 said...

I have decided that should I be lucky enougth to win the lottery I am going to purchase a house cash and then sell it half price just to see what the papers report.

Monday, October 2, 2006 06:14PM Report Comment

6. Rimmer said...

I hope the MPC read this, what better reason to stabilise things than setting rates nearer 10%now, after all it will be to avoid the said "boom" thats coming.

Tuesday, October 3, 2006 12:48AM Report Comment

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