Tuesday, June 17, 2014

Triumphalist BBC!

UK house prices 'rise 9.9% in a year'

"The Office for National Statistics said prices rose strongly across the UK, with Wales, Scotland and Northern Ireland all picking up pace. London, where prices were were up 18.7%, remains the driving force behind the housing revival". "First-time buyers continue to experience more rapid price increases than people moving house" (..assuming you can afford the higher prices, of course).

Posted by alan @ 11:44 AM (4686 views)
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4 thoughts on “Triumphalist BBC!

  • Looks completely unsustainable. Well, not in a world without any demand…

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  • Bear Neccessities says:

    I fail to see how the fact and quote based article is in any way triumphalist?

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  • sibley's b'stard child says:

    Usual BBC thinly veiled cheerleading crap. Only partly salvaged by a decent bit of commentary within the article.

    Shelter spouting their usual guff about part-rent/part-buy.

    Totally and utterly unsustainable.

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  • bidin'matime says:

    Andy Verity did a mini-series some years ago about house prices being too high and bound to crash – he’s definitely on ‘our side’. Trouble is, like the rest of us, he’s surrounded by people who love to point out that we were wrong all along – so (like the rest of us..) he has to tone it down a bit.

    I predicted in mid 2005 (when we sold) that prices would be no higher in 10 years time – the jury’s still out….

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