the printing presses have been "cranked up" as you call it in many places
that money doesnt necessarily flow into real estate bubbles to inflate them further
even if it did, the effect would be temporary
also i dont think the latest rounds of housing grant stimulus here will have much effect at all . especially considering most people consider it to be a permanent feature of the housing market and the enlightened people a signal to sit out and wait for it not to be offered
the price is the problem, for those looking to buy their first home at least
and for the older generations its time to retirement