An angry mob suffering negative equity, that is. Thanks to the Rat and Mouse reader who sent me this fascinating New York Times piece about a test case in which a woman is suing her agent for apparently misleading her about the true value of a property "because he feared she would back out and he would lose his $30,000 commission". With US property values dropping like Newton's apple, experts predict more angry homeowners to send their agents invites to court. Obviously, things are a little different over here (in the UK). Apart from the wealthy minority who use search agents, we tend to be represented by estate agents when we're in the position of vendor. That, and we don't order Cherry Coke at restaurants. Nevertheless, I'll be watching the case with interest. The agent's lawyer (wow... there's a match made in heaven) is blaming the buyer for a failure to do her homework.

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