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Monday, November 02, 2009

House Prices

Official figures have shown an even bigger increase in house prices than private sector indices out over the past week.

Yes, what has happened to the financial crisis? My accountant was quite clear about the fact the stimulus packages had really helped our economy. Even so. There are sectors of the market where the rich stay so rich and the spending is as reckless and relentless as ever. Others are going without...but financially it all seems a bit odd because there isn't a crisis for a lot of people. Some have become prudent. A lot even know what prudent is these days. A lot don't. Some are still squandering at will. I thought we'd fixed that.

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