With house prices remaining frozen for this financial year; as well as a fixed rate on mortgages, it's no wonder that one of the most iconic figures in the world is moving house.
Tired of the boring social life available in the North Pole (and amidst rumours that Rudolph is suffering from an exotic flu), Santa is moving house.
In a scandal unseen, involving shipping thousands of little slaves across borders; not to mention 9 animals used to carry a fat man across the world; Santa has bought himself a nice little condo in Jamaica.
We were exclusive enough to catch a few words out of Santa as he was unpacking his 123m flatscreen TV. Here's what he had to say about his new property move.
"I'm tired of snow all the time. I thought I'd move here and relocate. It's got such a lovely climate: I can sunbathe instead of talking to bloody reindeers all year long!"
When asked whether he had plans to swap in his sleigh for a Bugatti Verone however, he threatened to scrub us off the Nice list.
In unrelated news, a new disease is spreading across the Caribbean. Reindeer flu has infected around 100,000 people. Who knows where it came from? Stay with us!