Housing Bubble

The owes of mortgage market continues still now and the country's economic condition is bad too. Even the number of unemployment has increased sharply and we are not sure whether this condition is going to be recovered in near future or not. But we can't even think that property prices are so low and it can't be lower. In future the condition may be worse. I think in this Christmas the mortgage rates are going be increased further. Hope in this housing bubble and economic rescission, our new government will be a bit more proactive, so that we can overcome this situation.