Following on from last weeks post about the fall in house prices being good news for the economy, more industry analysts are in agreement that the drop will do us all some good. Although there are some commentators who believe that David Cameron’s social housing proposals could increase insecurity felt by the most vulnerable people and destabilise communities.
The truth of the situation will vary depending on income brackets and geographical position with those comfortable and wealthy individuals not feeling the impct as much as those on low to medium incomes. Trying to sell your own home right now is tough and lower prices may help but as long as borrowing requirements are so strict and deposit-dependant, the open market will be a hostile place to do business.

