Last weekend's weather was a wonderful surprise, prompting me to focus on property-related matters, both DIY and investment related. But it was an article in my local paper that really caught my attention.
The story headline read: "Leading upmarket estate agent goes bust". Clearly, for some of us, the demise of a local estate agent, especially one serving the poshest of the posh would be a source of much wry enjoyment; a Darwinian form of local economic readjustment. But hidden within the story is a warning of much import. Apparently, demand for £1m-plus big homes in Hampshire has fallen off the proverbial cliffs of Milton-on- Sea. Obviously, one could draw a straight line between this and my recent observation the only thing stopping us from having a fully-fledged housing crisis for £1...
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