House price crash

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Double dip is surely on its way – simply in anticipation of the ConDem’s  havoc about to be let loose on the economy.

As the Guardian notes:

House prices fall record 3.6% last month. The Halifax revealed the biggest monthly drop in 27 years as the number of houses for sale increases and demand dampens.

Be worried.

The chance that the private sector will get us out of the mess that Osborne is determined on delivering is zero. And it is pretty obvious that people already know it.

Most of all I feel sorry for all the personal tragedies that follow from this news, and will follow in due course – all of them avoidable.