Thursday, June 19, 2008

Sign of the times

Can't help but smile at the emails from the estate agents these days. I'm bombarded with news of properties that have been "amended" on the databases of the local firms in south-west London. (Amended is an estate agent euphemism for price slash.)

One property went yesterday from being something over half a million quid to the magical figure of £499,950, which is under a stamp duty threshold. Even better news this morning, however. The same property has been reamended. It's now £469,950. Give it a few weeks at this rate of decline and I'll be getting my credit card out.

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