Tuesday, December 23, 2008

Comedy club chief in festive spirit

Assetz forecasts mid-2009 bottom of the market

Assetz has published its 2009 housing market forecast, predicting house prices will continue to fall modestly in the first half of next year with the bottom of the market likely to begin forming after the summer. In a positive set of predictions, the firm suggested there will be substantial increases in property sales compared to figures for the second half of 2008, while interest base rates will continue falling into the early part of next year - to 1% at the January Monetary Policy Committee meeting and possibly to as low as 0% by spring 2009. The firm also predicted bank lending levels will increase in 2009 with a flurry of announcements from banks in the first three months of the year.

Posted by jack c @ 01:47 PM (1110 views)
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6 thoughts on “Comedy club chief in festive spirit

  • Of course there will and Gordon Brown will guide us out of the recession by August 2009. Panick over.

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  • Letsgetreadytotumble says:

    I emailed John Fitzsimons with suitable comments. Does anyone else bother?

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  • I wonder if Stuartz Lawz has ever wondered what he’ll do with his property millions when it’s worthless due to hyperinflation caused by the irresponsible monetary policy he advocates?

    Probably not, because he is a fool.

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  • Should there be a ‘substantial rise in the property market’ , I would conclude that the market is being manipulated beyond normal forces.

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  • Didn’t Assetz predict a 10% rise during 08? That just highlights the fact that the year Assetz predicated correctly was more to do with luck than judgement.

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  • little professor says:

    Denzil – to be fair, he only predicted a 5% rise for 2008. And the rest of the jokers got it wrong, too – apart from Morgan Stanley, although even they were too optimistic.

    Predictions made in December last year:

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