Monday, October 2, 2006

Oh hello – will 2006 be “An Interesting Year” for the wrong reasons?

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 (505 views)
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6 thoughts on “Oh hello – will 2006 be “An Interesting Year” for the wrong reasons?

  • 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!

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  • not so much “lone” as “sane”

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  • 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.

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  • European-bear says:

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

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  • Cstanhope707 says:

    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.

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  • 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.

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