House prices havn't ywt fallen to the point where the average family can afford the average family home with 5% deposit and 3.5x One salary or 2.5x two salaries and already the market is starting to inflate again. Surely this means that a good deal of risky lending has started again.
Banks and politicians clearly haven't learned anything from the crisis yet. Things haven't even returned to normality and they are already itching to get the infaltionary cycle underway again. Beggars belief.