Housing bubble is giving gaseous globules a bad name
Bubbles form and coalesce into globular shapes over a matter of moments, whereas property prices in London have now doubled since the start of this sentence. Some Estate Agents are reportedly suffering from combination of whiplash and decompression sickness, such is the speed of change in the market.
One agent complained: ‘Scientists now believe the universe is expanding purely to keep up with London rental prices. Before you can say bob’s your uncle or ‘that’s not a cupboard it’s a spare room’ a Russian oligarch can dig three stories beneath his Kensington property.
‘I’m advising homeowners to strap themselves in, sedate the dog and prepare for the ride of their lives. If this is a bubble, it has all the sustainability of a mayfly winning the X Factor’.