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Phil’s Credit Crunch Crisis

November 7, 2008 at 4:55 PM Lawrence Hall 2 comments

Poor old Phil Spencer. It turns out that even he’s been a victim of the all-encompassing credit crunch, and has been forced to downscale his property business empire. Poor lamb.

Okay, that’s maybe a bit harsh.  And I actually really like Phil. There’s something very endearing about him, I think.

But is it cynical of me to wonder if there’s a wee connection between this news about his business and the much-hyped future edition of Location, Location, Location?

Y’know, the super-dooper, extra-special episode that’s going to look at people facing negative equity and buying in the post-credit crunch housing market (because we all still really want to take advice from TV presenters, don’t we?)

I can just picture a scene in which a moist-eyed, quivery-voiced Phil emotes about having been “personally affected” by the downturn and how he can “totally empathise” with whatever poor souls they’ve persuaded to appear.

There’ll be sombre background music featuring a mournful violin; the subtle passing around of man-sized Kleenex; and a climactic, emotionally charged group hug to close.

I swear if anything like that happens, I’m going to have to end my TV affair with Mr Spencer…

Entry filed under: Buying & Selling. Tags: Credit Crunch, Location, Phil Spencer, TV.