This evening, I had my annual fifteen minutes of watching Kristy and her horror show – Location, Location, Location. That is just about all I can take of this dreadful property ramping show.
Still, it was nice to see old Phil trying to bargain down a seller who was in housing crash denial. The show featured a couple who wanted to buy a dreary little house for ₤150,000, but the seller insisted on ₤180,000. However, Phil wasn’t terribly persuasive. He could convince the seller that the market had fundamentally shifted and that the seller might bitterly regret not accepting this offer in 12 months time when the market has tanked another 15 percent.
However, I had to laugh at Kirsty’s “cold hard look at the housing market numbers.” She studiously avoided any mention of the double digit declines. Instead, she looked for the remaining housing hotspots. Hartlepool is leading the charge with a five percent house appreciation over the last year.
Well, Hartlepool is the town where a shipwrecked monkey was once mistaken for French spy and hanged. We shouldn’t be to surprised if the same town now mistakes a housing crash for a bubble.
Phil’s final speech was pure nostalgia; it was all about Britain as a small island, a growing population and housing shortages
Dream on, Phil.
Monday, 5 January 2009
Subscribe to:
Post Comments (Atom)
Posts
11 comments:
But they were great on the Sunday night project. Working on a new career, I suppose.
Sarah Beeny, Kirsty & Phil have a lot to answer for. What was that type of show called? Property porn or something.
When Mrs McClane got fed up of Changing Rooms she'd go to the property ladder or location, location, location.
I told her, there'll be tears before bedtime.
Ah yes, the monkey hangers. Hartlepool is a place where if you stuck a red rosette on on a cardboard cutout they'd elect it as MP. The name Peter Mandelson ring any bells? I rest my case.
Both Kirstie and Sarah need to drop the property porn and get into real porn: both women are nicely stacked and would do more good for mankind by getting horizontal.
Delusion 1:
Without a fresh supply of housing credit the housing market is going down whatever, whatever. It's a banking thing not a property thing.
Delusion 2:
There are lots of things I'd love to have - but that's private desire which is very different from market demand.
Delusion 3:
Supply and demand arguments ignore inconvenient things. Firstly the level of empty places already, secondly the many foreigners going home as jobs dry up. Finally there is the truth that even a mild swing back from the trend towards smaller households WILL slacken demand drastically.
The frightening thing is that if anyone can make a worse mess of the property sector than New Labour then Kirsty would be a strong candidate. Guess what - she is an advisor to the Conservatives on housing matters. It's absurd beyond the soaps.
No wonder they made the monkey Mayor of Hartlepool
http://uk.youtube.com/watch?v=fM8HY_1jhKI
I think this says all we need to know about Kirstie Alsop.
No talent. Just a rather silly person with lots of luck who helped greatly in the demise of our country.
I love Kirstie's giggly boobs though, and as for Beenie, she looks like a good ride. But the damage these women did to the country, wow!. It blows out of the water Germaine Greer's babblings about how it is only men that do evil things.
It is a mistake to confuse a high population density with market potential. After all - some of the poorest regions in the World are the most highly populated.
Yudansha, are you telling me the Gaza strip isn't an up-and-comer then?
No, Nick. Apparently the housing in Gaza is slumping too.
Post a Comment