Downturn brings a lot of silliness in it's wake.

This is the respectable rag that lines the cat’s toilet (It’s free and ultra absorbant). If you find you have a min or two later click on the link and on the right hand side to the online version. Sorry I can’t link directly. On P14 of the property section you’ll find the property editor’s words of wisdom.
Summary: There is no crisis, you are being silly, you’re silly.

His point seems to be that the media are over-reacting to the downturn, over-stating the current situation etc - of course he may have a point, but you’d have to see his own ramblings about property on the way up to see just how balanced he really is.