Property Porn Proliferates

Bulging from my local freesheet:

• INVEST WITH LONG TERM CAPITAL GROWTH potential
• Serious about property
• Now you can afford to buy
• Everyone's buying
• Luxurious riverside living
• Invest in India: Mira Road, Mumbai - India's Commercial Capital

With testimonials like this:


"When I bought my flat I thought it would be a good investment but I had no idea that it would make me more than £100K in a year. I bought my 2-bedroom flat in June 2006 for £245K and it is now valued at £360K. Property prices have just gone crazy in the past year. Now I'm very glad I picked this area because I doubt other flats will have gone up by as much as mine."

Now we know what's driven the UK's obsession with property and the property boom.

Now I'm not jealous that all my friends are on the property ladder. One has traded up 4 times and is on his way to his £1M Wimbledon townhouse and another has bought his 4th property.

Hopefully, with the credit crunch & rises in interest rates, the newspapers will replace property porn with real porn - ads for adult chat-lines.