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Is Foxtons the estate agent London deserves? | Andy Beckett | Business | The Guardian
"The swaggering success of Foxtons is partly a product of the double standards many of us have about property: complaining and worrying about the cost of it, while wanting to make as much as possible from it ourselves. The company is also a reflection of the modern British economy: short-term in its priorities, sometimes vibrant, London-dominated, property-skewed, socially divisive. The estate agent’s fortunes have become symbolic. Last month, the day the Conservative general election victory was announced, and with it the demise of Labour’s plans to increase taxes on properties worth more than £2m, it was widely noted by despairing leftwingers, as well as excited business reporters, that the Foxtons share price had leapt 12%."
UK  housing  property  markets  crisis  prices  estateAgents  Foxtons  Brixton  London  gentrification  competition  business  homeOwnership  hypocrisy  dctagged  dc:creator=BeckettAndy 
june 2015 by petej

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