I was hoping that I might get some answers from estate agents that had witnessed a crash in the 90s etc? Is a 2012 return to 2007 property values out of the question?

Repossession

How can someone actually think a basic two-up/two-down Edwardian terraced house in a dodgey area of Liverpool actually fetch 180,000 GBP? This is maddness, even London isn’t that over priced. I keep hearing about this Capital of Culture jazz, but I’ve yet been able to find anyone who can explain exactly what that will mean for the area. Incidently, ten years ago that very same house sold for 45,000 GBP. Nothing of notewas ever done to it either. Maddness!

Quick Property Sale