Wednesday, June 25, 2008

Tis but a scratch said the dark knight .

UK house prices to rise again, says Assetz

The declining market for start-up homes will force UK house prices up, according to property investment advisers Assetz. Stuart Law, the chief executive for Assetz, said: "Recent research has suggested that new home starts will fall to dangerously low levels this year, with only 110,000 new homes to be built by the end of 2008, less than half those cited by Gordon Brown as necessary to meet demand.

Posted by housebear @ 11:03 AM (914 views)
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8 thoughts on “Tis but a scratch said the dark knight .

  • Tis but a scratch – nice one housebear

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  • There is a village somewhere, who is missing an idiot.

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  • Why on earth is a serious newspaper such as the FT wearying our ears with this nonsense?

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  • “The declining market for start-up homes will force UK house prices up”

    Give me a break – even ‘Aunty Doris’ can work out that the declining market is due to falling prices.

    “Recent research has suggested that new home starts will fall to dangerously low levels”. Dangerous for whom? House builders? Jeez.

    If you thought the FT a serious paper, think again.

    Best title prize of the day goes to housebear.

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  • I’ll have an eighth of whatever Law is smoking.

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  • mark wadsworth says:

    Nice one.

    The men in white coats will carry that bugger off screaming “The fundamentals! The fundamentals!”

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  • letthemfall says:

    FT FluffyBits.com

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  • New User 2007 says:

    He cites the government on the short fall to back his odd theory* up but then ridicules the government in other places for suggesting that prices will fall by 10%.

    Incredible.

    * Supply is being cut because credit has disappeared. The prices rises were credit driven and now that is reversing. Wish he would stop looking silly by linking random events without sequencing properly!

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