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20-09-2007, 03:45 PM
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Expensive homes in London to be hit by credit crisis
Savills, the high-class estate agency, has warned that the turbulence in the financial markets will hit the top-end of the London housing market. A spokesperson for Savills said that the credit crisis is already affecting commercial property deals and the expected decline in bankers’ pay could cut about 30% off the expected price rises of [...]
More: Expensive homes in London to be hit by credit crisis 
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