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Tag: gazump

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Published Tuesday, 30 March 2021 by Bec Worth

Gazump

Last week I learned a curious new verb. According to the OED, to gazump is to make a higher offer for a house than someone whose offer has already been accepted by the seller, and thus succeed in acquiring the property. An Urban Dictionary definition is more straight-forward, to buy something already promised to someone else.

Capitalism, gazump, housing, inequality, Note, Aside,

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