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.

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?