When fictional value becomes real debt

[BoyRacer]

Up to 10% of home equity withdrawn in boom - Dan O’Brien -> irishtimes.com/newspaper/fin … 69374.html

Irish households were withdrawing equity from their homes to the tune of 10 per cent of their collective disposable income at the height of the property bubble, according to a new study by two economists at the Central Bank.
While this further inflated the bubble, once the bubble burst, the process went sharply into reverse and has been deepening the downturn.
Households are now injecting about 10 per cent of their combined disposable income into their homes

there is more

Central Bank Publishes Research on Irish Non-Financial Corporations Debt Levels and Housing Equity Withdrawal Trends ->
centralbank.ie/press-area/pr … rends.aspx

[JohnnyTheFox]

Up to 10% of home equity withdrawn in boom - Dan O’Brien -> irishtimes.com/newspaper/fin … 69374.html

Irish households were withdrawing equity from their homes to the tune of 10 per cent of their collective disposable income at the height of the property bubble, according to a new study by two economists at the Central Bank.
While this further inflated the bubble, once the bubble burst, the process went sharply into reverse and has been deepening the downturn.
Households are now injecting about 10 per cent of their combined disposable income into their homes

there is more

Central Bank Publishes Research on Irish Non-Financial Corporations Debt Levels and Housing Equity Withdrawal Trends ->
centralbank.ie/press-area/pr … rends.aspx

Am I missing something or is that a completely misleading headline. The headline refers to 10% of home equity while the article refers to 10% of disposable income. Presuming the latter was what they meant then presumably the headline is wrong (unless they are suggesting that disposable income=housing equity, which is highly unlikely).