Well, it’s no fun any more, is it?

Even if, as David says, it may have dropped by a bit – about 3.5 since the spring, he says.

Well, but it doesn’t matter, does it? It’s a home, first and foremost?

Right. And in any case, that’s nothing compared to the amount we’ve made. I’m just furious we didn’t sell up last summer. I said to David: we could have sat out the recession in rented accom, and then swooped in just as things are getting really bloody, and bought up half of London!

Oh God, it’s just what I said to Gerald. Absolutely sickening, isn’t it?