London Homebuyers Gain Clout as Regulator Stymies Sellers
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When Harriet Hill began looking for a London home six months ago, open houses drew two dozen or more hopeful buyers. Fierce bidding wars were common. That’s all changed.
“If you saw a place that you liked you had to go for it -- there wasn’t even time to go back for a second viewing,” said Hill, a 29-year-old charity worker. “There’s been a sudden swing of power towards the buyer. I can take my time.”