When will the bubble burst?
There aren’t many takers for ‘peds at five grand. But the fact people are chancing asking prices at that level tells us a lot about the perilous state of the market.
We make no bones about drawing some uncomfortable parallels with the great classic crash of 1990 when interest rates peaked and the whole market nosedived. With an uncertain Brexit future still hanging in the balance, the pound dragging along the bottom against the dollar, and no signs of real activity in the economy, all the markers are in place for another does of reality. If you really want to relive your youth with a moped, bide your time. The madness cannot last. Back to life... back to reality... and most likely very shortly too.
I want five grand for it