`Gazunderers' Thrive as Deals Fail in U.K. Home Slump

from Bloomberg

That’s a load of crap. By the sounds of things he knew all along he was going to gazunder that old lady, I don’t buy his guilt, it was a decision he made regardless of who the person was.

“I was only following orders” springs to mind for some reason.

Back on topic, is anyone surprised by this? Obviously nobody on the 'pin is… denial denial denial. I can understand why people don’t want to believe property is dropping, a heck of a lot of people planned their lives around the assumption that property values only go up.