Valenti International- UK Real Estate To Tank Again.

Online, October 6, 2010 (Newswire.com) - "Valenti International" analysts have told clients that austerity measures, growing unemployment and stubbornly restrictive bank lending will almost certainly culminate in a resumption of the decline in UK house prices regardless of the vehement denials by realtors and other vested interests.

They reason that concerns over job security, the specter of mass redundancies in the country's burgeoning public sector, stagnant consumer spending and a seemingly entrenched desire by borrowers to repay debt would all conspire to put paid to speculation that the minor bounce prices enjoyed in 2009 would be brought to an ignominious end.

"Valenti International" suggested that whilst it was unlikely that the British public would ever abandon their apparent addiction to owning property both as means of securing shelter and investing for the future, there was a good chance that the market could take years to reach its nadir.

"Valenti International" continues to advise clients to avoid making speculative forays into the UK property market on the premise that prices will bounce and build a sustainable recovery. One source at the firm said, "We firmly believe that prices of property in the UK must return to levels at which those on average incomes can afford to buy without resorting to reckless income multiples of the type that played a significant part in the decade-long boom."