The length of the current bull trap / deadcat bounce, when put in perspective alongside how long prices went up for, suggests we have a way to go here IMO.
And the first to call time at work on a Friday, have some of the most generous holiday allowances in Europe etc...
Just in terms of being closer to home, I reckon the Poles would however find work in Germany more attractive.
Many monthly indices and more are out next week - the knock on effect from all the bank holidays. Ones to look out for:
TUE
April Halifax (or some time this week)
April Hometrack (or some time this week)
WED
March Land Reg
April Nationwide
BoE Mortgage Numbers
THU
MPC IR Vote - Sentance's last and anticipated since it follows the positive quarterly GDP figures
The HP surveys should hopefully prvide an insight into the extent of the Spring Bouce and whether the early April deadline for the new 5% stamp duty has had an impact.
Within the next ten to 15 years TPTB are likely to be people who have been negatively affected by the bubble. Their policies re housing will, I hope, be significantly different from this bunch of VIs'.
Two I've noticed round my area that are next door (notice the garages).
http://www.rightmove.co.uk/property-for-sale/property-28377865.html
http://www.rightmove.co.uk/property-for-sale/property-31813361.html
No takers for at least a year. One dropped their price by 5K (big deal) last month and the other did the same within 48 hours!
Down 0.5% last time, up 0.5% this time - so the economy is where it was six months ago?
(of course, 995 +0.5% doesn't quite equal 1,000, so the answer is no).