The answer is that under Gordon Brown and Ed Balls, our economy was allowed to become more dependent on consumer spending, roaring house prices which blew oxygen o…

However, with lots of properties on the market and the economic downturn, home prices declined significantly. … If you can afford the monthly house payments for the time being, you may want to think about refinancing or modifying your loan….

According to a House Ways and Means oversight committee, the IRS is investigating 167 “c …

The above points led to massive house building and supply & demand price inflation…. Sooner or later the global credit crunch will end, mortgages will become more widely available and house prices will stop falling….