An identical flat to mine in the very next block, has been sold less than a week after being put on the market at £74,995. Whilst it's nice to know I'm living in a 75k property, it could be a problem if my landlord finds out. I happen to know he bought this place for less than a third of that value, so if he finds out what it's now worth, he may just come to the conclusion that my rent is a tad on the low side...
Of course, I could always argue that it's only down to my presence in the community that property prices have tripled in the first place. Frankly, people want to live next door to me, and they're prepared to pay for the privelege. It's almost undeniable. Almost, but not quite.
Thursday, September 04, 2003
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