Sunday, 11 October 2015

Soaring London house prices sucking cash out of economy, study says

http://www.theguardian.com/money/2015/oct/12/soaring-london-house-prices-sucking-cash-out-of-economy-study-says

This article details the current and present threat of the rapidly increasing prices of houses in london is negatively effecting the economy. The article makes note on how this will affect people in poor positions in particular, and people who do not have particularly well paying jobs will be mainly affected by this crisis, this alligns and makes sense with the guardian's left wing view, which believes that everyone should be taken care of and considered with. But the article also suggests now how people in jobs such as cafe workers will be affected, but shows how everyone will be affected aswell. it takes reliable quotes that suggest how the situation lowers the integrity of london. The article treats that people being paid more than a thousand more a year as a positive to people, and does not seem to enforce the poor affect it has on the economy.

The article was written by Hilary Osborne, she had worked for many previous finance magazines. This is good for the article as she herself would know a lot about money and it affects on the world in how it's used, and currently she even works as the editor of the guardian's money site.

2 comments:

  1. You detailed the effect of this article, noticing the effect of the media means that you have a deeper understanding of this article. You identified the writer of this article, this means that you know what the implications of having a certain writer put their input into an article. No matter what, people are going to have some bias in their writing, which you have identified.

    However perhaps you should think about delving deeper into the meaning of the article, why the author of this piece wrote this, what the inspiration was and how this links to her bias. Also try and relate how The Guardian plays a role in this, whether it is left or right wing and what influence this has.

    Vinay.

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  2. Gave a good description on who the story is effecting and using the correct terminology (left wing) however you could mention how it effects them and your opinion on how the situation could be dealt with.

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