Wednesday, 15 October 2008

M'aidez! M'aidez!

Continuing the French theme on bubble and crashes, this news item. As well as the good news about prices continuing to fall, we have this additional, unexpected nugget:

Estate agents sold on average under one property per week each in September.

Sounds like quite a few of the snakes will be going out of business as well. I wouldn't normally cheer unemployment for anyone, but I'll make an exception for estate agents, lawyers, journalists, MPs, anyone who works for the council, anyone involved in enforcing the smoking ban...I'll get back to you on the rest of the list.

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