I actually think it's just the opposite Chris.
I think in many cases we hugely overrate English players and they tend to cost huge sums of money.
Agree to some extent and for sure English players cost a premium. There does however appear to a be a fascination with signing foreign players that we know little about as oppose to proven English players, I guess it's the excitement factor.
Anyway, we'll agree to disagree on Joe Hart, I think he's a good goalkeeper, but at the same point I'm not desperate to sign him as there are higher priority positions in my opinion.