United Kingdom house prices going down..

The above graphs are very much in-line with the research and bubble market hypothesis as I already noted in my previous post http://www.diaryfolio.com/2012/03/housing-and-financial-bubble.html
There are quite some clever graphs to check if its better to Buy house or Rent including the long term impact
Some reasons I can think of
- High value initial money requirements
- Stricter immigration controls?
- Value of house more than average wages
- Un-employment on the rise and no spare money for youth.
The long term price trend graph is also going down.
The above graphs are very much in-line with the research and bubble market hypothesis as I already noted in my previous post http://www.diaryfolio.com/2012/03/housing-and-financial-bubble.html
There are quite some clever graphs to check if its better to Buy house or Rent including the long term impact