Tuesday, June 10, 2008

Full details of today’s RICS press release including EA comments

Full May survey

The comments on these things are always cracking

Posted by pelethar @ 10:31 AM (1911 views)
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19 thoughts on “Full details of today’s RICS press release including EA comments

  • tyrellcorporation says:

    Seasonally adjusted surveyor – maybe a Santa costume and some Bermuda shorts and a loud shirt for Summer.

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  • tyrellcorporation says:

    Hey I popped to the top of the table, how’s that work?!?

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  • The first graph on page 1 illustrates just how fractional the “improvement” in sentiment was.

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  • Oh Joy! My favorite time of the month – the surveyor comments!!!!!

    Here’s my favourite so far:

    Richard Sayer BSc FRICS
    Rook Matthews Sayer
    Around 12% (down) from August 2007. The market had stabilised, but relentless media exaggeration and pessimism has increased clients uncertainty. (*[email protected] PANIC_ WHAT ABOUT THE NEW SERIES OF LOCATION LOCATION LOCATION _ SURELY THAT WILL HELP?!?!?) Mortgage availability and costs have damaged sales (NO SH*T SHERLOCK) but the underlying stability of the market remains (WHY?) . Lending will now become easier (WILL IT? SAYS WHO? )and if the media moves on to another obsession (A HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA. FAT CHANCE, BOZO. YOU’VE LIVED BY IT, NOW GRACIOUSLY DIE BY IT PLEASE) there is no reason for further significant adjustments.

    genius.

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  • I love the table at the bottom of page 1.

    What does a ‘seasonally adjusted’ surveyor look like?

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  • @ cornishman

    Shorts, T shirt and umbrella.

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  • Does anyone else feel physically sick reading the tone of this parastic writing. I quote “Very tricky market. Buyer
    confidence is very low. Media continually talks the market down.” What really p****s me off is that “chartered surveyors” and Estate Agents have such a lack of understadning of fundamental economics yet place themselves in positions of massive economic influence, offering adivce to buyers and pressure which is tantamount to financial advice albeit slightly more discrete. They should not be allowed to open their mouths. The “meida continually talk the market down”. i didn’t hear them conmplaining when they talked it up for years and years with free marketing from property porn programmes thrust in our faces for a decade! And all this talk of the credit crunch as some kind of beast that has been born of nothing more than stingy, grumpy banks. Let us not forget that the credit crunch is born of irresponsible lending, slack basic economic policy and banking practices. The credit crunch is the barman tellin you that you have had enough (when you quite clearly have). Sometimes someone has to save you from your own studpidity. I am going to vomit now. does anyone else feel the same after rading those comments? (…but at least the Lancastrians and Yorkshire folk seedm honest so thumbs up to you!)

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  • “Adverse media speculation”? WTF are these guys on. It is called reality check guys. A wake up. Non-sustainability. Interest rates will have to rise with inflation as will and is Libor. I spoke to an Estate agent the other day and asked him his opinion about Libor. He seemed to think he was a footballer playing for Real Madrid!! WTF!!!! I mean, these guys, I am gonna go and puke and eat it up just to check i am not dreaming!

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  • hey tyrell – whilst you’re living 50 or 60 minutes ahead of the rest of us, any chance of some immediate investment/market tips?

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  • tyrell said:
    “Hey I popped to the top of the table, how’s that work?!?”

    I noticed that earlier. Seems time is all over the place today. Perhaps it has something to do with 9/11, NWO or them, them as in those that control the World.

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  • justwatching says:

    The line can’t get much lower anyway. Non-seasonally adjusted is still down. I’ll take 93%ish down anyday.

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  • still renting says:

    Actually, he’s quite right. The market will improve, in a few years time, after the crash. It always does. :o)

    I’m with justwatching on the time to buy, though.

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  • last_days_of_disco says:

    @tyrrelcorporation

    I am working from home from SA, but when I am here, to stop this sort if nonsense I set my computer to UK time.

    The software *should* display things in the order they arrived. Otherwise you have the weirdness of people’s entries being renumbered and then people that say #n in response to someone, make no sense. But hey ho, another day, another bug.

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  • “Stephen Gadsby FRICS FSVA
    Gadsby Orridge
    …Adverse media speculation is not aiding the situation.”

    Boots on the other foot – howdya like that one scumbag?

    “Richard Eshelby FRICS
    Latchmere Properties Ltd.
    During my 40 years in residential
    property, I have witnessed four market
    setbacks, but never once when interest
    rates are as low as they are and falling.
    This correction is being made worse by
    unfounded media comment. The market
    will improve as it always does – history
    always repeats itself – so it is not such a
    bad time to buy.

    Anyone near Dorking, Surrey, should ask him what he means by unfounded media comment, and then take a few minutes out of their day to explain to the poor deluded man that it is not really a good time to buy. Bless. 40 years, and he sounds almost unemployable.

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  • justwatching says:

    Maybe someone should tell Richard that ‘the market corrects (crashes), it always does’

    Therfore it is a fookin bad time to buy.

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  • The Windermere-Cumbria guy says “correct pricing…is bringing reward to the motivated seller”. If it sells it was priced correctly. If it doesn’t sell it was priced incorrectly. Tautology as a last resort.

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  • Still-waiting says:

    “The market would be better without the media”… yeah, so people might believe you when you tell them that prices always go up and are doing so right now…

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  • Maybe EA Andrew Miller should re-locate to Zimbabwe …

    “Orpington – Bromley
    Andrew Miller FRICS
    Linay & Shipp
    Keenly priced property can still attract offers as buyers attempt to take advantage of current market conditions.
    The market would be better without the media.”

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