A somewhat thin and dramatic piece. While everybody would love at property costs to crash, share costs to crumple and everything to wind up inexplicably shoddy once more, nothing specified clues at this.
Oil costs? Might have driven the keep running up in properties in Mayfair yet are every one of these proprietors all of a sudden going to hit the market to offer as they frantically require money? I don't think these purchasers are especially hard up. Essentially, the 8k obligation figure is over the UK. Not by any stretch of the imagination applicable to those burning through £1 million+ in focal London. Yes, it is discouraging for purchasers in London, SF and NY. Either make sense of how to make a high compensation or don't take a stab at climbing that stepping stool.
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