Headline-hunters can distort the true picture

August 2007
Mortgage Strategy;8/13/2007, p27
Trade Publication
The article analyzes the implications of headline-grabbing statistics for the mortgage industry in Great Britain. As newspaper editors get more excited by big numbers, this can mean that only the most dramatic predictions will be given attention. Cited as example is the projected 40 percent increase in house price. This figure will have different effects on the haves and the have-nots. It can also distort the industry's true conditions.


Related Articles

  • Mind Buffett, Don't Panic. Biggs, Barton // Newsweek (Pacific Edition);12/17/2007 (Pacific Edition), Vol. 150 Issue 25, p44 

    The article discusses the global equity markets and the pessimism this is creating in investors. The U.S. federal Reserve began to raise interest rates in 2004 and in 2006 house prices began to fall. The author states that the crumbling U.S. subprime-mortgage market is threatening consumer...

  • Where Are House Prices Headed? Fratantoni, Michael // Mortgage Banking;Jan2006, Vol. 66 Issue 4, p32 

    The article focuses on the business outlook towards the appreciation of home price indexes of the mortgage market in the U.S. Financial analysts are concerned that there is a bubble in the housing market wherein prices have irrationally increased due to unrealistic expectations of ongoing...

  • 60 percent in 46032 have bachelor's or higher.  // Indianapolis Business Journal;3/29/2004, Vol. 25 Issue 3, p35A 

    This article presents statistical information related to housing zip code 46032 in Indianapolis, Indiana. In 46032, 75.9 percent of housing units were owner-occupied, compared with 67.8 percent for the Metropolitan Statistical Area (MSA), while 24.1 percent of housing units were renter-occupied,...

  • Shortage of Tax Funds Leads to Shortage of Water for Region. Owen, Ted // San Diego Business Journal;4/9/2007, Vol. 28 Issue 15, p16 

    The article presents the author's views regarding the developments in North County, California. According to the author, the economic condition of the region is focused on the decline in housing price but increase in the gasoline price. He adds that the shortage of tax funds may lead to the...

  • Real Estate Sectors Are Struggling Across the Board. Randolph, Ned // San Diego Business Journal;5/5/2008, Vol. 29 Issue 18, p1 

    The article reports on the continuous falling of home prices in San Diego, California. The phenomenon, accordingly, adversely affects the employment and banking sectors of the state. However, the University of San Diego's Index of Leading Economic Indicators for March released by economist Alan...

  • Ill winds blow strong across the Atlantic. Donnell, Richard // Estates Gazette;4/19/2008, Issue 815, p108 

    The author examines the condition of the housing and mortgage market in Great Britain. With U.S. house prices down 11% in 2007, some argue that Great Britain will follow as the excesses caused by easy credit and widespread speculative buying unwind on the back of sizable price falls. He stresses...

  • Since when was £200k affordable?  // Mail on Sunday;12/ 1/2013, p95 

    Having read your interview with Mark Clare, the boss of Barratt, Britain's biggest housebuilder, I can't understand why the company's average house price has now reached £194,800. I thought the initiative was to build more affordable housing. As the average income is £26,000, who can...

  • Deed Trouble. Sostek, Anya // Governing;Jun2007, Vol. 20 Issue 9, p59 

    The article focuses on the efforts by several states in the U.S. to regulate lending practices and products. It cites the rise of foreclosure rates and the decline of housing prices in the U.S. It examines the implications of the emergence of the so-called exotic mortgages, particularly in the...

  • Iran-Israel 'Covert' War Increases Conflict Risks.  // Middle East Monitor: East Med;Apr2012, Vol. 22 Issue 4, p7 

    The article presents the economic outlook for Israel for 2013. It mentions that a covert war between Israel and Iran will be driven by attacks on Israeli diplomatic personnel in Asia and the Caucasus and the assassinations of Iranian nuclear scientists. A chart is also presented depicting the...


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics