Tags

, ,

(not satire – it’s George Osborne!)

Here is a graph of house prices by Neal Hudson from Savills estate agents which illustrates very well the dangerous bubble in London being created by George Osborne:

house prices london.

This clearly shows that it’s not a nation-wide economic recovery we’re experiencing.

What we are experiencing is a very large and very fragile economic bubble based entirely around London – a bubble which presumably George Osborne is hoping is not going to pop before the next election.

.

Please feel free to comment.