Well here goes, my first post.
I will admit I don't fully understand the information in the graphs apart from the one about the crash in prices. It left me with a warm glow as it confirms (to a certain extent) that the argument I have had with several estate agents about properties being way over priced is correct. One joker wants £14K more than they paid at the hight of the market.
So thanks for reaffirming my conviction and I can continue the good fight and hold out for the chaos to begin when people start losing jobs (never good but an unfortunate consequence of spending cuts...maybe even mine!) and then prices become more realistic.
Excellent post which I will be keeping track of...more please.