http://news.bbc.co.uk/1/hi/business/8286028.stm

Well something must have worked.

Quote from: Serioushttp://news.bbc.co.uk/1/hi/business/8286028.stm

Well something must have worked.

Things need to improve though hey. With the Pound almost as the Euro if it got/gets there then calls for the Euro to hit the UK will start to increase.

woohoo another close to getting out of negative equity
o_O

This doesnt mean its over, lots of analysts are predicting a double dip recession where we plateau/rise slightly now then crash again even worse that  before. This will likely happen after the election when the government is forced to up taxes and reduce public spending, base rates will return to normal increasing everyones mortgage payments making more people lose their homes and make it harder to get a mortgage.

We wont have a worse crash unless the rest of the world comes with us. This recession was US caused.

dead cat bounce.

Who wins when houses become unaffordable again? Its ridiculous. A 3 bedroom semi is not worth 160k.

£40 per square foot is what it costs to build.

People wont be happy until theyre living off credit cards and mortgage equity withdrawals again. If you cant pay for something, you cant afford it. Save - or tough titties.