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Evening Standard
Evening Standard
Business
India Block

Comment: ‘Guzundering craze is the canary in London's mouldy coalmine’

This week we learnt that three in four of London’s would-be homebuyers are engaging in gazundering.

The last-minute lowering of the offer price is not a sign of rogue bargain hunters but rather an indication of how our decrepit housing stock is becoming a big problem — and not just for people in a property chain. 

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