Russell Quirk calls out house price crash experts as ‘idiots’

The outspoken ex-agent hosted a three-hour talk show at the weekend and was controversial as ever.

Russell Quirk Talk-TV image

 

Ex-estate agent and PR man Russell Quirk managed to drum up a storm over the Bank Holiday weekend after he was given his own three-hour show on TalkTV on Saturday in the 4pm to 7pm slot.

Announcing the move on Facebook Quirk told his pals: “TalkTV UK have clearly lost their minds and given me a show slot. Make the most of this auspicious occasion and tune in. It could be the last time I’m ever allowed on again!”

In his 180-minute stint he was joined by a number of expert guests and talked about the cost of living crisis, the absence of police on UK streets, immigration, Formula One and Harry Styles.

HOUSING CRASH

But it was the last hour that ruffled the most feathers when he raised the question of an impending housing market collapse as had been reported earlier that morning by the Daily Express.

Their report was based on the forecast of Nikodem Szumilo, Professor of Economics at UCL, who prophesied that “after a decade of growth” he believed it was “…likely that the housing market would now face a dramatic crash”.

These idiots forecast crashes consistently and they’ve all been wrong time and time again – and they are wrong now.”

Quirk was having none of it and blasted the countless experts over the last few years and their predictions of property price falls going back to Brexit, then the prospect of a no deal Brexit and then again at the beginning of the pandemic.

“These idiots forecast crashes consistently and they’ve all been wrong time and time again – and they are wrong now,” he said, citing low interest rates, full employment, cultural tailwinds and stock shortages as the reasons that growth in values would slow but prices would not ‘plunge’.

The full show can be seen here and Russell’s property rant starts at 2 hours 23 minutes.


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