Saturday, March 7, 2009

The Irresponsible Reporting And People’s Utter Stupidity

Cash may be stirring the market

I JUST CAN'T BELIEVE THIS ARTICLE referring to property in Wales and saying how amazing it is that people from all over the world are coming to Wales and buying up their property for 40% of the asking price!!! What is it with people? Apparently this is REALLY GOOD NEWS because it could show that the housing market is going to recover!!! ? Sadly as with all addictions there is a stage when we have to consider what RECOVERY means for the UK and recovery is what is happening with house prices falling and the FSA confirming that sensible regulated lending is here to stay. 3.5 loan to income or less and HUGE taxes on ANYONE investing in property, but as house prices are not going up for a long time investors will finally get the message soon

Posted by drayal @ 11:10 AM (885 views)
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2 thoughts on “The Irresponsible Reporting And People’s Utter Stupidity

  • It appears that Savills are only too happy to sell off England by the pound. I have never considered it before, but I now can see the appeal of emigrating.

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  • Making it worse

    It is now common knowledge that the global economy – including that of the United States – is in a sorry state. We hear about it in both the mainstream and alternative media. You have probably been reading our economic analyses too. However, the difference is that in many of the mainstream and alternative sources we find much alarmism, confusion and disinformation, and few attempts to analyze responsibly and objectively – which is what we humbly try to achieve here. We suspect that the dark tone of the reports in the media is a significant fact in itself, and here is why:

    The media is not just a descriptor of events. It is also

    source: http://www.sott.net/

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