In the US there are still a lot of honeymoon rates yet to reset and unemployment is starting to affect prime mortgages so the resi loan industry is not out of the woods yet.
I KNOW it's different here but I still see wages being capped here while energy, health and other domestic costs continue to rise so the ability to pay our high property prices must suffer. I wouldn't dare say that on the "property" forum though: The bulls would kill me.
