Friday, December 7, 2012

Taken from forum.. Interesting viewing

HLTV UK house prices - gloom or growth ahead?

Good watch..

Posted by happy mondays @ 07:31 AM (1471 views)
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2 thoughts on “Taken from forum.. Interesting viewing

  • Watching Henry Pryor and Lucian Cook made me feel quite unwell. They are both addicted to the property market, and appear rather foolish. Their attitude to the housing market caused the crises that we now face. ‘Rents will keep their upward path next year’ – How can that be, if earnings are generally falling across the country. First time buyers have fallen from 700K in 2007 to 198K in 2011 (a fall of 70%), but the property market will be OK because, ‘people now wish to rent’. Of course the decline in first time buyers will not have an impact on house prices. Oh really.

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  • richy richless says:

    Good find…but did make me feel like I needed a wash afterwards though.

    Mark Dampier was a good antidote to the other two, I would’ve like to have seen a counter to the NIMBYism that Pryor spouted in relation to elections though. What happens when a generation realises that its been conned and the transition of wealth upwards (via property) has not only been maintaned but gathered pace..

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