London's awful estate agents are cratering, warning of a "prolonged downturn" in the housing market

London's estate agents were notorious profiteers of the property bubble, listing on the stock exchanges and rewarding investors with soaring share-prices that reflected the human misery of a city where life got harder and more expensive every day, where communities were shattered, and where subprime lending and other sleazy financial practices helped to destroy the global economy in 2007-8, triggering more than a decade of crisis from which we have yet to recover. Read the rest