Sunday, February 3, 2008
David Smith counts skips on his street
"readers will know I set great store by my "skip index", based on the number of builders’ skips in my street — two indicating the economy is on trend, four a boom, and none that we are in trouble. Despite extensive searching this past couple of weeks, sometimes at night, the index is still firmly on zero. Weak housing and subdued consumer confidence is taking its toll and I don’t suppose the weather is helping." The article also contains a strong pledge to cut rates... desperate!!! This is the final proof that this buffoon is a heavily geared BTL investor... count the skips, prop the housing market!