Thursday, March 6, 2008

Good news: Alistair Darling confirms house prices won’t collapse!

Darling says housing market to slow further

Alistair Darling stated today that the housing market is fundamentally sound! Excellent news! With a track record like Darling's a HPC must be just around the corner!

Posted by who stole my pension? @ 08:34 PM (1223 views)
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16 thoughts on “Good news: Alistair Darling confirms house prices won’t collapse!

  • “fundamentally strong” – sounds very familiar to the usual “strong fundamentals” which is rattled out week in week out – none of which (IMO) has any credibility

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  • This statement really reinforces his credibility as chancellor and chief puppet/fall guy of ex-miracle chancellor Brown.

    At this moment in time I dare not think of the patronising clap-trap and financial misfortune we will be subjected to next week.

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  • Ahhh right – this is the news I’ve been waiting for.. 10 times the average local income for a flat… super.. I’ll have one.. Ooooo I could get two and let one out.. me clever me finks..

    Darling you big Silly FECK!

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  • When he says prices are “slowing down”, doesn’t he really mean “falling”? Or is he clinging on to the year-on-year figure like others who are desperate to pretend that the housing market isn’t collapsing?

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  • speculatorone says:

    God AD is a clever guy, I never knew that; talk about stating the obvious..

    enuii you are right, god knows what new stealth tax they have thought of next. I can see a good Rory Bremner sketch coming soon, his last one of fatty GB was really funny.

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  • planning4acrash says:

    Did I read recently about this government being an excellent contrarian indicator?!

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  • Oh dear – you know when anyone from the government is wheeled out to say anything on any subject that the reality is the polar opposite.

    “The NHS is in very good shape”
    “The UK banking system is the best in the world”
    “Housing fundamentals are in great shape”
    “We have a very good idea of how many illegal immigrants there are in the UK”
    “The rich and poor divide may have widened but at a slower rate of widening growth when seasonally adjusted in line with CPI inflation”

    you can hear these words from any politician and they are all bullshit.

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  • AD has to say that, what else should he say?

    They we are going into recession – which we are?

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  • The UK housing market is fundamentally weak and so much so that a significant price correction is just around the corner. Forget what Alastair Darling might want you to believe. If that man told me that something was black I would immediately think it was white. He like the rest of this “New Labour” government are a collection of incompetent and hoodwinking charlatans. A close examination of the economic state of the UK today shows that we are on the brink of another Great Depression. You cannot buck the market and there is nothing the government can do about it. There is a silver lining – the end of socialist governments in the UK for a generation.

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  • theboltonfury says:

    MW – i really don’t see what The Apprentice series 2 runner up has to do with this? Let’s keep this on topic….

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  • Ian,

    If he told you his hair was white would you think it was black ?

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  • new user 2007 says:

    I am very worried by his definition of fundamentally strong and the fact that he backs this up on the grounds that prices had risen so much.

    I THOUGHT THE RAPID PRICE RISE WAS A SIGN OF POLICY FAILURE (EVEN ACCORDING TO THE GOVERNMENT ITSELF)?

    The implication is therefore that increasing supply is not in their interests and so everything we hear about policies to do so is just a lie.

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  • Ian, what on earth has the New Labour Project got to do with ‘socialism’, it is about as far removed from it as you can get?!

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  • Has anyone noticed that Darling has tried to push through countless new tax directives since this whole thing – especially the Crock debacle – went sour. Almost every time I switch on the TV or open a newspaper, there appears to be some new attempt to screw money from somewhere. This is almost the exact opposite to strong fundamentals and smacks of panic. The government has bankrupted the country, and this after years of BOOM, BOOM, BOOM. Unfortunately the other BOOM, BOOM, BOOM, in Afghanistan and Iraq have swallowed a lot of this wealth, as has vote winning public sector spending and public private enterprises. This government is and always has been a bloody joke.

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