Wednesday, May 30, 2007

 
I was passing through Lavender Hill, Battersea SW11 on the bus today. I was amazed by the number of estate agents alive and kicking in the area. Every other shop was an estate agent, there was even a cluster of three different estate agents next to each other. This was unreal, this was mad. Has the local economy become so dependent on the buying and selling of its houses.

Is this the South Sea Bubble revisited. When this fucking blows, it will be an economic tsunami. Already the cracks are starting to appear. City gents are already starting to throw themselves out of buildings.

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