Saturday, Nov 18, 2006

How Primark may push house prices

Times: How Primark may push house prices

One can only assume that Savills are looking to sell or float their business with "reports" such as this.


The new willingness of the middle classes to sport a 25 Primark winter coat may mean that the homes market even picks up pace in the South East, where Savills forecasts a 15 per cent rise

Posted by btloptingout @ 11:02 AM (472 views)
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8 Comments

1. paul said...

The article starts

"THE length of queues today at your local branch of Primark and prospects for continued growth in the property market may seem unconnected."

They ARE unconnected. Go back to writing for the property section.

Saturday, November 18, 2006 11:17AM Report Comment
 

2. Cstanhope707 said...

This is a stupid article and things must be getting bad it seems the VI's are now starting to graps at straws.

FACT you have always been able to get a bargain during after and before any HPC. In fact you could read this the other way and say that the increased queues represents a population so maxed out on debt that they now have no choice but to look for the cheaper budget end of shopping....

Anothe 8% rise in 2007 then a crash in 2008.........

Saturday, November 18, 2006 11:43AM Report Comment
 

3. Veritas said...

The article starts

"THE length of queues today at your local branch of Primark and prospects for continued growth in the property market may seem unconnected."

They ARE unconnected. Go back to writing for the property section.


Well said Paul. It seems obvious now that much "research" is simply rubbish generated to grab a headline and get publicity for a company.

Over the past year there has been endless surveys, predictions, and forecasts, (the Halifax and Nationwide being the main culprits), which have appeared in newspapers and on BBC business news online, all of which serve no useful purpose whatsoever other than to publicize the organisation that commissioned them.

Like these, Savills don't give a hoot about what they're actually saying - its just a cheap publicity stunt for their business.

Saturday, November 18, 2006 02:10PM Report Comment
 

4. Freewheeling Franklin said...

There comes a point when estate agents reach the brink of insanity and articles like this suggest they're close to the edge

Saturday, November 18, 2006 02:39PM Report Comment
 

5. denzil said...

My guess is that this piece was written by the sandwich year student. Quite simply dross.
Actually I read it just one more time just to balance my opinion and the report seemed more stupid the second time around. I can only conclude that the writer, Anne Ashworth had been out on the sauce the night before writing this piece of fantasy.

Saturday, November 18, 2006 04:36PM Report Comment
 

6. Surfgatinho said...

I suspect that if the proverbial were to hit the fan then middle class home-owners might just manage to not buy that Dior winter coat rather than go bankrupt.
Isn't this article about 10 years out of date, i.e. cheap imports boost standard of living an keep interest rates at historic lows?

Saturday, November 18, 2006 05:12PM Report Comment
 

7. Onyerhike said...

Well, if they start riding bikes instead of BMWs and wearing George underwear from Asda then estate agents are in for a bumper year next year ! How the hell did that article make it in ?

Saturday, November 18, 2006 06:48PM Report Comment
 

8. little professor said...

Good god, are the VI's reduced to this? So sad.....

Sunday, November 19, 2006 03:38PM Report Comment
 

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