Check out this story from yesterday's FT:
I can't get over the first sentence:
To add to the concerns of hard-pressed British property owners who already face falling house prices, rising petrol costs and higher utility bills, the UK's labour market is on the verge of a turning point that will bring a significant increase in unemployment.
Is there anywhere else in the world where a story about thousands of people losing their jobs is presented as bad news because of the way it affects the property market for others? I find it incredibly revealing about what is wrong with this country.