The left keeps up its deluge of bent data. I saw this from the Fabian Society today. One look told me it was nonsense. I wondered why they chose those data points – 1997 and 2012.
The 1997 point was chosen because it is the earliest date in the reference data provided by the Department for Communities and Local Government. I guess 2012 was the latest data available – since superseded. The 2012 number on the chart is now out of date. What happened in between?
So according to the Fabians housing affordability wasn’t much of a problem as the ratio doubled from 3.54 in 1997 to 7.23 in 2007 under Labour. It climbed every year for ten years and peaked in 2007. But, it has been stable and below the level inherited from the Labour government for the last three years and it is a big problem now? Really?