Prescott : "House prices are too high"

Aug 09, 2005 9 Replies

Change of tack from the Government ?



Do they want to speed up a house price crash or is it just Prescott putting his foot in it again ?



BBC News 9th August



"House prices too high - Prescott



John Prescott said the price of houses in Britain is too high except for people already on the property ladder.....cont"

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Watch the video they're all talking about here :
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For the first time in my life I've got to say 2 Jags is correct. As an aside IIRC John Prescott is qualified economist and Gordon Brown isn't...

It's just a pity that he doesn't seem to understand why they are too high. (He seems to think that it's the cost of the raw materials)

tim

What's a qualifed economist? Which body regulates this profession? and how/where did F2J get his qualification?

DG

not sure if there's a guild of economists. I'd reckon if you've a degree in Chemistry, then you can call yourself a chemist - 2 Jags has a degree in economics from Hull Uni..

No!!! As amusing as your posts have been in the past - I like to imagine you as a Corporal Jones-type, hiding in a sandbagged house shouting "don't panic! don't panic! the interest rates have gone up again, we'll be homeless!!" - you're getting a bit bloody boring these days. Change the record, eh? There's a good lad.

BTW, it's 'Aleister'.

You may find the housing market and the economic situation boring but plenty don't. And if you're really not interested then why bother looking at the thread ? Just go and play somewhere else eh there's a good lad.

If you've a degree in law you can't call yourself a Lawyer, if you've a degree in medicine you can't call yourself a Doctor.

That's where the regulating body comes in.

It's "Economics with" something.

That's even worse. ;-)

DG

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