Sunday, October 21, 2007

Journalistic Confusion at the Top of the Market?

House prices ready to stall, experts warn

This must rank as one of the worst pieces of journalism on the subject yet, a few little pieces on information thrown into the pot and spewed into the written word that concludes nothing. Its a bit like a roller coaster ride where everyone stops talking just before the top of the first big drop, other interesting point to note is the journo's email addresses as they appear to be freelancers padding column inches.

Posted by enuii @ 12:54 PM (972 views)
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5 thoughts on “Journalistic Confusion at the Top of the Market?

  • I’m inclined to agree, I could do a better “cut and paste” than this.

    What journalists like best is a press release that shows a nice rising trend line so they can write a self congratulatory article about how “we are all better off now”. Alas, those times are gone.

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  • Agreed. A c**p puff piece, lacking anything useful.

    The writer in question, Joia Shillingford, also contributed another piece on the same day, this time about the BBC job cuts.

    http://news.independent.co.uk/business/comment/article3081785.ece

    Quality writing on the UK housing market in newspapers is rarer than hen’s teeth at the moment.

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  • planning4acrash says:

    Property snake ticker: 103,531 properties and counting!!

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  • planning4acrash says:

    “Its unlikely that there will be a major housing recession” I looked in the Oxford dictionary and was amazed to discover that there is no definition for a major housing recession,.. I’m not sure, are Ernst and Young speaking in French? Could it be Icelandic? Or maybe its gobbledigoop. If so, they make up the definition and are never wrong!

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  • This looks like the a classical smokescreen that I have seen in my years in sales. Here is how it works.
    We need to get into the ……… market as it looks like there is a potential for a lot of growth, but we may already be too late as our competitors could be running ahead of us. Thus, you cover yourself in glory in the event of success, but also cover your backside in the event of failure. I can see through it based on experience, but also on what is happening in our area – North Yorkshire. An awful lot of houses on the market, with a very large number recently added. Anecdotal evidence that prices are falling as buyers have a lot more choice. We will see the REAL prices feed through in 2 or 3 months, so be patient and do not let it spoil Christmas for you. Then, you will see the journalists and experts saying “there, I told you we were too late guv.”

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