Thursday, April 10, 2008

Stourport name-checked

Stourport got mentioned on the the news twice and for two different reasons. The first was on Central News and was regarding the murder inquiry, no information given out that we didn't already know; and the second was on BBC Breakfast this morning with a reporter in Castle Bromwich talking about the slump in house prices of 5% although prices "in Stourport have risen by 31%". This makes sense as we've had several new housing estates built and a glut of houses being offered on the market, prices are bound to rise... hold on that's not right. I'm joking of course we all know house prices are divorced from reality.

3 comments:

Anonymous said...

FYI: House values set to rise at Stourport-on-Severn

FlipC said...

Yep see more houses being built, more houses for sale - prices go up. The reporter on the BBC talking about the slump pointed to the lack of For Sale signs as proof. It's arse-backwards until you take demand into account.

Don B said...

Hang on Tav! That report of house values rising was a press release dated 27/06/2006!! That is 22 months ago and was before the Northern Rock fiasco.