Saturday, April 12, 2008

Economics In Pictures

Economics In Pictures, originally uploaded by Colonel Blink.

I have been photographing this particular developement pretty much since work was started.

Because of the downturn in the housing market the bulk of the workforce have now been pulled off the job leaving only a skeleton crew. This is quite a blow for the City planners as this private developement was in their eyes the big one. Anyone remember how the first one million pound flat in Norwich was trumpeted last year? I feel sorry for the people (probably a company actually) who bought it because they are going to be in the middle of a building site for a bit longer than they originally thought.

Who said there wasn't a house sales crisis?

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