Hints and tips:
...To get to the current price you need to believe either that Rightmove can add £100 of ARPA pa over the next 3 years or agents can grow at 2% pa....
...I think it is more plausible to assume a 4-5 per cent of GDP loss of output via trend growth being on average c.1 per cent pa lower for 4-5 years due to the credit crunch....
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