Thursday, December 6, 2007
This will finally sink Brown
Like Wile E Coyote, the cartoon character who stays aloft long after he has run off the edge of a cliff, the British housing market has constantly defied gravity. Until now. A raft of figures in recent days has confirmed the inevitable: the great British housing boom is finally at an end. That, far more than the illegal funding scandal currently engulfing the Labour Party, is the news Prime Minister Gordon Brown should truly dread.