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Don't panic

Not too many signs of the credit crunch having arrived in Richmond-upon-Thames. The latest edition of an extraordinary freebie called The Richmond Magazine demonstrates the preoccupations of the great and the good in this prosperous part of south-west London. A "French Special" issue, it highlights the joys of owning a second home across the Channel, delves into French fashion and shows the positive role that wine can play as part of your investment portfolio.

To give you some context, a two-bedroom apartment in Willow Avenue, SW13 is still going for £875,000. Probably would have been about a mill this time last year.

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