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Is There A Property Market At The Moment?

By Andy Shaw | January 23, 2010

Originally Posted 11th June 2008

The BBC brought out a wonderfully useless statistic yesterday and used it for their main headline, whilst they had struggled all day with different ways of presenting the info and different editors thinking maybe they were getting it wrong, therefore resulting in changing the figures several times, e.g. “1,000,000 in negative equity“, “2,000,000 in negative equity“, eventually settling on “23,000 people took out 100% mortgage and the price of the market has fallen therefore they are ‘probably’ in negative equity.”

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