Does anyone think that UK house prices are overvalued?

Cantor have started a house price market at www.spreadfair.com. If you look under financial bets you'll see it.

Move to Thailand 3 bed 3 bath house under 40,000
and the females well you can guess

The females have all got STD? But seriously, how much do you need to live on over there to match a UK lifestyle of, say, 30,000 net after tax and housing costs?

What have the men got?

The Bank of England's rate-setting committee voted 8-1 to leave the benchmark rate at 4.75 percent this month, compared with a 7-2 vote in April, according to the minutes of the May 6-9 meeting

Rates going down and not up!

going down?

House prices? Seems they're 'sticky upwards' in EA talk. Without a bit of fear in the market they may not fall as fast as doomsters predict?

Gordon rides to the rescue!

Chancellor Gordon Brown has said "Buyers would have to raise as little as half the cost of homes sold on the open market"


http://news.bbc.co.uk/1/hi/uk_politics/4570045.stm


No mention of this plan pre the election though. Strange?