Tim
You could be mainly correct although I still believe this island far too crowded. I would welcome a Chinese 1 baby policy. Well done China they reckon that 300 million births did not happen and China's population would be 1.6 billion and not 1.3 billion.
Our good new Mayor wrote today that there are too many people in the world and one would not like to argue with Boris.
I agree nothing wrong in a price fall, but would be helpfull if happened overnight , this long drawn out drop is the problem.
Apparently down roughly to 2006 prices , well above all years before.
This has to happen , it should have occurred before but the lenders kept lending on stupid criteria. HMG should forbit mortgages of over 80%.
I suppose I am less concerned because I move less than average. I have moved this year but last move 1985.
Houses should be for living in not for investment.