Why do some first time buyers pay ludicrous prices for property, when prices are expected to crash?

property crash

According to the IMF, Ernst and Young, and the Office for National Statistics, house prices are still considerably overvalued. Given that prices rose from £57k in 1997 to £198k in 2007, and have only fallen to £161k despite rising unemployment and tightening lending criteria, why are FTB’s even considering paying such absurd amounts for property when the average salary is only £23k?

if the UK had a housing recession would happen to the US ecconomy?

uk recession

with the housing recession happening in the US and UK is starting to feel the pinch. If the UK had a recession the likes of 1992’s black wednesday when the pound fell out of the european exchange rate mechanism. Would a UK recession affect the US ecconomy do both ecconomies depend on each other.

Who do you blame for the recession that the Uk is now entering?

uk recession

and could we have done something earlier to stop this happening?

How do I found lender’s contact info for a short sale property?

property sale

I don’t feel my agent is working on my behalf, because his story changes every week. Plus, I had some talks with the listing agent, and by reading the “writing on the wall”, I think he is very incompetent. Anyhow, I would like to contact the bank myself.
How can I find out the contact info of the loss mitigation department of the bank that is reviewing the short sale offers on the property in question?

How do I set more than One Parameter in Property Let Statement?

property to let

How do I set More than one parameter in Property Let Statement in Visual Basic 6.0 Please if any example

Where is the best place to list an investment property for sale?

property for sale

I have a property i want to sell without the complications of agents, fees and advertising. Where are the best free sites on the web for advertising.
how do i answer and answer
kmoya54 i have made a mistake and asked the question in the usa site and i should be in australia.

When will UK recession end? I have a work permit to go there when there are enough jobs?

uk recession

I like UK sooooooooo much as a place and love the people – I am from India

How to make a car crash into a wall that will collapse in 3DS MAX using REACTOR?

property crash

can you tell me the important tasks to follow?
I know that i have to start this by drawing a rectangle (the car) and a plane. And also a small box, then make several copies and move them to form a wall.
but how to give them properties so when the car hits the wall (using animation) the wall will collapse?
Thanks

With an ever impending recession in the UK will this take the heat of benefit scroungers?

uk recession

Lots of jobs will be lost and all the people who poked fun at the unemployed will now find themselves in the very position they mocked so uncompasionately and without understanding.

How bad is the recession for you guys in the UK?

uk recession

Just curious… It’s pretty bad here in the States, but I have a job so it really isn’t affecting me?