Wednesday, 1 September 2010

Inspired illustration

Used by The Metro to illustrate what's going to happen to house prices:

My latest blogpost: Inspired illustrationTweet this! Posted by Mark Wadsworth at 07:58

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7 comments:

dearieme said...

That's rather a nice verandah on that house. Are they common in Metro land?

1 September 2010 at 12:25
Bayard said...

Does that mean they are about to go up again?

1 September 2010 at 19:17
Mark Wadsworth said...

D, it looks a tad American, and I think they are called 'porches' over there.

B, no it means they are stuck and the only way out is down (through the outlet valve thingy).

1 September 2010 at 19:26
Steven_L said...

I mailed the link to this post to my mate who is about the take the plunge.

I doubt it will stop him throwing away all that money he saved.

Funny isn't it, he'll lever all his savings to buy an illiquid house, but thinks spread betting and cfd's are 'too dangerous'.

Oh well.

1 September 2010 at 21:26
Mark Wadsworth said...

SL, you did your best. Now sit back and wait a few years.

1 September 2010 at 22:32
Lola said...

S_L/MW. Quite. In my job I've been telling (no, we don't 'tell' - that's arrogant - we inform) house buying customers this for the last oooo 8 or 9 years. "It will end in tears", we say, "But we don't know when". "Well, you're a fat lot of good then". Quoth they.

Trouble is they've been 'right' and we've been 'wrong'. But why? A conspiracy of course between State and home-owner-ists to keep the whole bubble going and steal from their children.

Oh well. Onward and upward.

2 September 2010 at 07:14
Mark Wadsworth said...

L, in future you'll be able to tell them when - just point out the 18 year cycles.

2 September 2010 at 09:29

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