When the price is right buyers are out in force
Thursday, 11 December 2008 20:01

Ironically, Woolies had their best ever trading day, which proves that when the price is right you will sell lots of stuff.

So it is with houses, cars or anything else you care to name.

There is no magic formula, rather it's the opposite. In today's world shops sell for what they think people will pay, not for what something is worth. As we used to say, 'It's the profit that makes it dear'.

 The same thing is reflected in the value of the pound - it's falling because foreign investors don't think it's worth the price, and it will continue to fall until Labour starts acting sensibly/



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