Saturday, November 24, 2007
Just how reliable are house price statistics if this is happening?
The title is pretty obvious but the implications for house price statistics are intriguing."The deal saved her just over £2,000, but North was also able to negotiate a private parking space that would normally have cost her £8,000.""At the Embankment development in Gravesend, Kent, the developer is offering a mortgage subsidy of £1,000 a month for two years on a £205,000 two-bedroom flat and £750 a month on a £172,5000 one-bed."I wonder how often this happens now? If it's a common thing, then the house price statistics we're being fed are false.