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How much of the blame should Phil and Kirsty shoulder for fuelling the housing market?

with their everyone should move, everyone should buy ........ lets all fuel the market to an irrational level that then creates the housing mess we have now.

Public Comments

1. Not everyone watches the show though do they?
2. Who?
3. I would say none, as I have never heard of them.
4. I don't have a housing mess. I keep my house lovely and clean and tidy. But Phil can help me with my dusting anytime ...
5. The population did what we were asked to by the Government/those incharge. They said go out and borrow money from our friends the banks. Use it to buy consumer goods and houses. You will feel good about yourselves. We did this and spent 10 or so years in bliss. All thinking we were rich an successful. Unfortunately they did not realise that that if a couple of inbreds in america failed to make a few payments on the trailers they had bought and prices started rocketing because of supply issues, not demand, it would all come tumbling down. We did what Greenspan, Brown, King, Blair, Bush etc asked us to do. Now we are paying the price and the Government has no answers.
6. The housing market has nothing to do with Phil and Kirsty!! Thats quite a wierd way of thinking that you have!
7. I don't but I think Kirsty and Sarah Beeny are constantly contributing to the ever growing UK population. Everytime you see them on the screen they're pregnant again!
8. Quite so. They are like the Vultures around the housing carcase. What is this obsession with the housing market? The're all at it. Houses should just be places to live, not investments. They are way beyond the reach of most first time buyers, it's harder for existing owners to trade up, and most of the owners have made a packet. And yet, Brown/Darling, City boys, financial reporters, TV, builders, estate agents, existing owners, banks, still can't stand the thought of them going down. House prices have to come down, even if we have a recession. Lessons have to be learned, as Mervyn King says. He seems to be the only one with any sense of responsibility regarding the long term.
9. No. not at all - the irresponsible banks and the irresponsible borrowers r at fault.
10. Helllo, to be fair to Kirstie and Phil, Sarah Beeney and all the other "experts" I think it would be fairer to say that the incredible rise in House prices over the last few years has been caused by: * rise in single households. * massive immigration from Eastern Europe. * greater independence by pensioners. Supply and demand. Pure and simple. The current situation is only a blip. Once the credit crunch is over (1-2years) house prices will rise more quickly than ever.