Tag Archives: finance

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Housing and Property in London: How to Spot a Housing Lie

I have been working in the property sector for a year and a half and, much to my surprise, I find it fascinating. Lots of column inches in the papers are dedicated to housing issues (many property supplements have been culled, but property and housing issues feature in the news more) and it is a topic everybody has an opinion about.

I read about ‘Generation Rent’ everyday yet I wonder how many people my age have even the faintest idea about mortgages, finance or housing. Without experience working in the industry I know I would not have the knowledge I have today. I am pleased that I now understand the market, policy and legislation, and that I can also identify a fake stat delivered in a reassuring manner.

As Minister of State for Housing Grant Shapps has delivered a fair share of porkies, and while he never lies outright (spin and inappropriate use of statistics is frowned upon) he does, perhaps, arguably, maybe MISUSE statistics in the standard come-to-be-expected politician way.

Instead of ranting and raving I am going to step down from my soapbox and direct you to a blog from the policy department at Shelter, explaining how to spot a housing lie.

Politics aside, everybody should be able to understand the numbers and form their own conclusions. So go take a read, and I promise I will be back blogging about frivolous matters tomorrow.