A Line from 'Yes Minister' written by Sir Antony Jay and Jonathan Lynn:

"Being an MP is a vast subsidized ego-trip. It's a job that needs no qualifications, it has no compulsory hours of work, no performance standards, and provides a warm room, a telephone and subsidized meals to a bunch of self-important windbags and busybodies who suddenly find people taking them seriously because they've got the letters 'MP' after the their name."

Being an Estate Agent is really perceived as quite prestigious these days in comparison to MPs and other politicians!

Nevertheless it is fair to say that all Estate Agents are optimists and none will admit that the current crisis is affecting THEIR business - just everyone else's!!

The reality is that of course the "crisis" IS affecting everybody's business, even here in Mallorca. In a few cases prices have been reduced where the seller is really pressed to sell but generally there has been no overall reduction of prices. As I always maintain - the majority of owners will wait it out and are not prepared to drop their price.

There are few buyers and closing a deal is difficult, nevertheless there are clients looking to buy - I would be more concerned if there were no signs of interest.