Friday, June 26, 2009

Tony Pidgley wants us all to cheer up a bit..

Housing market needs 'feel-good factor' to recover

Surprise surprise, housing boss says hosue prices are now good value!

Posted by smithers @ 11:53 AM (903 views)
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3 thoughts on “Tony Pidgley wants us all to cheer up a bit..

  • it_is_going_with_a_bang says:

    Good value???

    Newsflash:
    Man managing house building company in the middle of a recession would like to tell all potential customers and shareholders that now is a great time to buy and above all – good value.

    No doubt desperate to return the share price to mid 2007 levels just by ‘talking it up’. He has a long way to go.

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  • japanese uncle says:

    The definition of ‘recovery’ should not be the artificially rigged market where only players are buy-to-let speculators, but the market which is busy with all ordinary folks selling and buying houses. Back to 1994 level is the only solution. Sorry.

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  • mark wadsworth says:

    What JU says. The whole spin that high prices = housing market recovery is repeated endlessly.

    Surely the sign of a functioning market is where there are lots of transactions, and efficient allocation of housing and no large gains or large losses?

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