"Additionally get your facts straight about the reason for the demise of the property market in the US thanks to the sub prime"
when unemployment is rising and there are no jobs to be found, high debt, low savings and a high cost of living, im afraid there will be plenty of "sub prime" loans for the banks to choose from when they call in their debts
those few 2-3% people who cant pay their loans or get a new job are the ones who decide whether your house is worth 800k or 400k
