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lets put this simply

fat civil servant values my house at 500

i have five buyers

so what do I do?

easy. Who's goung to pay the most for the coffee table? 50k ? That will do

and it was exactly the same with controlled rents and the black market in "key money" . So no they are not different things. You try price controls in any market and you have major issues. Venezuela anyone?

i think the biggest hurdle is planning restrictions and that is what needs to be looked at

[QUOTE="clivex, post: 2518966, member: 65326"] lets put this simply fat civil servant values my house at 500 i have five buyers so what do I do? easy. Who's goung to pay the most for the coffee table? 50k ? That will do and it was exactly the same with controlled rents and the black market in "key money" . So no they are not different things. You try price controls in any market and you have major issues. Venezuela anyone? i think the biggest hurdle is planning restrictions and that is what needs to be looked at [/QUOTE]

Verification: 5 + 3 = ?