BBC attacked for biased and misleading property "documentary".

BBC Journalism Plumbs new low

Marvin Gaylord, 05-Apr-2005

The BBC, TV company in the UK, and one time paragon of investigative docu-dramas, has descended to a level approaching absolute zero with the broadcasting last night of a 'Property' show which 'addressed the problems of first time buyers' by advising them to either get their parents to buy them a house, or to move to a shed in an area of swapland where property is 'affordable', or 'shack up with mates on a joint mortgage'.

Famous for filling 82% of their publicly-funded schedules with 'property makeover' shows, mixed with a sprinkling of 'how to get rich easily using property', the BBC seem to be the only organisation in Britain without access to the Internet, newspapers, or other media, as they still seem to believe that property prices in the UK 'are rising'. A 2 minute check on the UK's 'Land Registry' would quickly provide any aspiring BBC junior journo with some hard facts and figures on the state of play of the UK's property market (down, for 8 months in a row, in case anyone was still in any doubt).

This level of investigation, however, seems to be beyond the producers of the ' Real Story' programme of 04/04/05, and indicates why the BBC's outrageous 'License Fee' is such stonkingly good value for money. Using an estate agent (Realtor) as an 'expert' instead of researching the issues, the BBC simultaneously managed to provide a completely one sided presentation of highly dubious 'facts', while plugging the website and seminars of the 'expert' in question, a woman with the kudos of having bought a lot of property in one of the worst areas of London at hugely inflated prices.

This qualification, of course, means the 'expert' (Barbara 'Print Your Own Money' Goldman) possesses one of the most vested interests ever seen in a so-called documentary and the fact that she might possibly be wiped out by even modest falls in the property market means she is obviously a great source of unbiased commentary for a BBC journo too lazy even to click a mouse.

Ms Goldman came to the fantastic conclusion that it would 'make sense' for poverty stricken 'first time buyers' in the UK to stretch to a loan of almost ten times their income, using their parent's house as surety. A fabulous strategy at a time when property prices have reached an all time peak in the UK, almost guaranteed not only to lead the first time buyer into bankruptcy, but also to break his parents too. Happy Families indeed, thanks to the BBC and Babs! The BBC, of course, seemed to think this was a 'novel' concept, having not bothererd with the 30 seconds of research necessary to show that such 'guaranteed' loans were, in fact, popular just before the last UK property crash in the early 1990's, and may even have contributed to the severity of that crash.

Next up, Babs offered the even better and more 'novel' idea of 'lowering expectations'. This means settling for a studio flat in a crack-cocaine riddled sink estate on the outskirts of a Moor somewhere, although convenient for the local high security prison and unusually high levels of background radiation. This 'fresh' point of view was almost the low spot of the programme, until Babs managed to pull yet another chunk of carrot from the sick bag with the proclamation that first time buyers should club together. Nice one BBC. So a bunch of young people with no money should move to a peat bog in the Outer Hebrides, get Mummy and Daddy to stump up the deposit, and buy a sheep shed with 16 of their best friends?

So much screen time was given to this 'expert' (who perhaps should be regulated, for offering what amounts to financial advice) that it was hard to believe that the programme was not, in fact a sponsored 'infomercial' for Ms Goldsmith's property-related services and seminars.

Ah yes. Investigative journalism at its best, and confirmation, perhaps, that mass forced redundancies and relocation to pastures cheaper at the Beeb are perhaps long overdue!

By the way - if you are a BBC producer with a string of 'buy to let' properties in the north of England, Razla would like to hear from you. Anonymity guranteed of course.

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Reply to
crowley
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Well said. The BBC seems to be operating on a different plane to the rest of us...

From said site:

EDITOR'S QUOTE OF THE DAY

"For Sale: Popemobile. 1 careful owner. Now surplus to Requirements. Contact Fthr Luigi Del'Orosso, Vatican City, Rome 1." Ebay Auction, April 2005

;-)

Reply to
Scat Rabies

I launched a complaint earlier , based on this lack of disclosure. Public service broadcasting this was not. They omitted to mention that she owns her own property business and a quick web search reveals is actively involved in promoting property in the areas mentioned.

Daytona

Reply to
Daytona

[and more...]

A finely written rant and no doubt about it.

FoFP

Reply to
M Holmes

What's the bets the reply will be along the lines of...

"Whilst understanding your concerns in this area, the producer gave careful consideration and on balance felt that the comments made did not justify a disclosure of this nature."

"We do take your comments on board, however and constantly review programmes of this nature" blah blah blah

I.e. - "We are the BBC and therefore answerable to nobody. Piss off and, by the way, Doctor Who is on on Saturday".

Reply to
Schrodinger

It's a fair bet . It mystifies me just how the BBC manage to collect so many patronising people who don't even appear to understand the meaning of the word integrity, in comparison with the populous at large.

This really is pretty basic stuff.

Daytona

Reply to
Daytona

No surprises there. On the numerous "buy somewhere abroad' and "do up your house" shows that pass for entertainment, when they cover areas that I know, such as buying in Italy, the local slime pours out of the woodwork.

The entire program will be a giant free advert for one or two property companies. Same with the makeovers, they tend to feature, indeed go to incredible lengths to use, particular products which are provided by sponsors.

Reply to
Steve Firth

Is that a *real* name? ;-)

I realised it was all a load of rubbish after reading this totally false statement of "fact" :-(

Reply to
Carl Waring

Obviously not everyone agrees with you as the producers of 'Real Story' have had to respond to a barrage of criticism :

BBC News 6th April

Tempers soar over house price show

"Spiv", "patronising", "evangelical" - just some of the comments directed at property expert Barbara Goldsmith by viewers of the Real Story programme about first-time buyers. (BBC One, Monday 4 April,

1930 BST.)

Ms Goldsmith, who is also an independent mortgage adviser and financial consultant, was filmed offering friendly advice to four young people struggling to get on the first rung of the property ladder.

But it was her very conviction that now was a good time to buy that most of the scores of emailers into the show took issue with.

In response, the producers said that Ms Goldsmith, the only expert used in the programme, had pointed out the potential pitfalls, as well as the advantages, of home ownership. They added that the show formed part of Real Story's ongoing investigations into the winners and losers in the UK's property boom.

Many viewers challenged Ms Goldsmith's prediction that a £92,000 two-bed terraced in Howarth, West Yorkshire would "more than double in value over a short period of time." They felt it was the wrong message to be giving to a couple in their early 20s, desperate to move out of their parental home.

"The fact is that nobody knows what will happen to the housing market," said Richard from London.

"Last night's show was clearly a blatant advert for the UK estate agency industry."

Gary Calder, from Eastleigh, Hampshire agreed it was inappropriate for the programme to give the impression that it was an ideal time to get on the housing ladder.

"Never mind the fact that the house price to earning ratio is at one of its highest levels ever; that following a general election interest rates are likely to rise again; that buy to let investors are getting desperate to sell properties now that prices are stagnant, returns on investment are poor and the housing market is in heavy oversupply."

'Contingency plans'

"Is the BBC in cahoots with the government in an attempt to encourage reluctant first-time buyers back into the market?" asked one disgruntled woman in Kent.

Producer Alex Hill said the programme, which focused on young people who felt genuinely locked out of the market, did go some way to expressing reservations over buying a home.

"Our expert Barbara Goldsmith was key in putting forward genuine solutions but also expressed justified concerns.

"For example, Richard Arundel had opted for the parental guarantor mortgage. this relatively new concept meant he could increase his borrowing from £70,000 to £180,000.

"Barbara rightly pointed out that he should be cautious and have a contingency plan in place if he got into difficulties."

'Head to head'

Ms Goldsmith took another opportunity to moderate her views on house buying on the Real Story website, where her opinions were pitted against those of property economist, Saxon Brettell.

Although she sat in the opposite camp to Mr Brettell, who believes now is not a good time to buy, she did warn against mistakes such as "taking on too big a mortgage and then struggling make the payments."

I would emphasise that they should not over-borrow, making sure they can make their repayments even if interest rates go up by 1% Barbara Goldsmith Real Story series producer Mike Lewis said he was grateful to the increasing number of viewers who were taking the time to email their comments to the programme.

Mr Lewis also pointed out that past Real Story programmes had reflected some of the problems caused by the overheated property market, and said the series would continue to report on its big trends.

Is buying to let a safe bet? Is there a shortage of first-time buyers?

Ms Goldsmith, who was not surprised to have received some hostile mail following the programme, told Real Story she still believed it was wiser for today's house hunters to buy rather than rent.

"As long as people buy wisely in regenerating areas where money, new transport, new businesses and new shopping centres are coming in - then they cannot really go wrong.

"I would emphasise that they should not over-borrow, making sure they can make their repayments even if interest rates go up by 1%. Then they will not only have the asset of their own home but will also make money on the rise in value of their property."

She added that, as a property investor and developer, she shared some of people's apprehensions about estate agents.

"I've had to deal with many of them myself and as well as making money on property, I've also had my fingers burnt.

"Some people's attitude to risk is greater than other's, but I'd always recommend having contingency funds in place to deal with the ups and downs of the market." Real Story: BBC ONE, Monday 4 April, 2005 at 1930 BST.

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I note that the economist mentioned above, who is bearish on the house market, did not get a chance to voice his opinions on the programme only on the website.

In the current climate of BBC job cuts I suspect that heads may roll over this .......

Reply to
crowley

More disingenuous bullshit. Her website offers houses for sale. That makes her an estate agent in my book.

Daytona

Reply to
Daytona

Nothing in the BBCs response has explained the lack of disclosure of BGs interests in breach of the BBCs guidelines -

"PRODUCERS? GUIDELINES

THE BBC?S VALUES AND STANDARDS CHAPTER TWO: IMPARTIALITY AND ACCURACY PART ONE

1 OUR JOURNALISTIC VALUES

Accurate, robust, independent, and impartial, journalism is the DNA of the BBC. Audiences should always feel they can trust our words and our deeds. If we live in a more diverse and fragmented society, the BBC must continue to stand out as a place where people feel they are being told openly and honestly about what is happening in the world; where they can rely on unbiased and impartial reporting and analysis to help them make sense of events; and where a debate can take place in which relevant and significant voices are heard, including those who have uncomfortable questions to ask.

The BBC?s journalistic promise is rooted in five basic editorial values set out in the Neil Report (June 2004) on which there can be no compromise. They are:

Truth and Accuracy Serving the Public Interest Impartiality and Diversity of Opinion Independence Accountability"

This continuing lack of disclosure in this comment when they've had the opportunity to lay the matter to rest in an open and honest manner seems to indicate an up yours attitude.

Daytona

Reply to
Daytona

The irony to your post being of course that the programme was made entirely in Manchester.

Reply to
The Cardboard Voord

"crowley" wrote

Is that suggesting that the Bank of England isn't independent after all? ;-(

Reply to
Tim

Guess who gets to choose the yard stick they use for measuring inflation? ;) The same person also chooses the target inflation rate and also decides on who to appoint to the MPC for relatively short 2 year terms, very useful if somebody develops into a vexatious realist.

For example if things get difficult then you just stop measuring those pesky things nobody cares about anyway (council tax, mortgage repayments, insurances etc), then replace the 'R' with a 'C' and hey presto inflation would be just

1.6%, which is the lowest in 2000 years or something.

So they aren't idle powers, this could really happen... oh shit, it already did!

Hrm.

Reply to
Aztech

Typical BBC bullshit. They're always at it in one devious way or another and no doubt some bastard's getting their pockets lined into the bargain.

Reply to
The New Conservatives

... or even 'populace at large' ...

Quite! :-)

Reply to
usenet

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