Housing Craze `Gazumps' Londoners With Record Prices, $500,000 Parking

(Bloomberg) -- One late-June morning in London, a
real estate broker named Becky Fatemi eases into her black
Porsche Cayenne and heads for Connaught Square, just north of
Hyde Park.

As her sport utility vehicle turns into the square, Fatemi
-- who, by her own account, handled about 55 million pounds
($113 million) of home sales in 2006 -- nods toward one of the
Georgian town houses.


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