On your number 2 point how can compare a no recourse loan which Honeymoon rates well below the standard rate for a few years. It is mind boggling to compare that market and I am not even mentioning the huge Low doc componet.
On your number 3 point, yes clearance rates are down the term average is around the 60% mark and where they whhere jast year was way over the mean. So what is your point?
With your number 8 point if you want even distribribution of wealth you are on the wrong site. You have some good points but you lost me with your leftist leanings, most likely will excite the minions though. I think though you will be still waiting in 12 months time and saying its around the corner.
