The last couple of years has been very tough on the world what with the recession and everything but with housing prices actually falling in this time were young people just making excuses on why they cannot move out into a place of their own?

Most younger people do not want to stick around with their parents forever and are looking for a way to move out so I do not think the majority are making excuses up. This is not because they dislike living with their parents, many people just need to feel more independant when it comes to their lives. Another big problem is finding someone to live with, people do not just want to live with utter strangers. There are of course many prices that went down but also many that soared through the roof. Many thousands of jobs were lost and this of course affected the younger people of the population too.

Prices of things like heating, electricity and water went up and there is often no way a young person can afford to pay out for all of these extras. On top of this there are also many other things that need to be bought for the home such as beside table, dining room furniture and of course those fancy white wardrobes, meaning it can be almost impossible to move out.

So are we likely to see more youngsters moving out this year? Well I have to say it isn’t really that likely. Taxes are on the rise again after the royal screw up that Gordon Brown has left the country in meaning it is going to be even harder for younger people to move out.

While I still live at home and thoroughly enjoy my time there I do want to eventually move out but 2010 doesn’t look like it is going to be the year for me or in fact a lot of other people.

When will this recession be over?

They talk about the green shoots of recovery; well I have not seen any, have you? I personally think that it is a form of increase confidence trick; an attempt to make people believe that the worst of this current recession is over; I work within the cost reduction specialists sector and things are still quite tough here.

They, and when I say they I am talking about the Government and business leaders, are no doubt hoping that this new confidence (false as it undoubtedly is) will spur people on to start spending money again; to start buying houses etc. Until these so called “leaders” realise that this crisis will only start to ease when the banks and building societies start to lend money again, the better. Already we hear stories of the bankers going back to their bonus culture, will they never learn? The bigger question is why are the Government allowing them to make the same mistakes again when we, the taxpayer, are the major shareholder? There is a real lack of leadership at the moment and it is about time somebody at the top started to crack the whip.

Now I am not some financial whizz kid who thinks he has all of the answers. I am in fact just an average working class guy from the UK who works for a company that offers advice about becoming a foster parent and who also has a partnership in a company that offers affordable front doors. I do however watch and listen in amazement at times when I see what some of the politicians and greedy bankers say – they really are not in the real world – they probably would have absolutely no idea as to the average cost of a pint of milk or loaf of broad – they are complete jokers and a waste of space.

I personally believe that this current credit crisis will last until the end of 2010, at least. I know that this seem rather negative but it is just my opinion on the situation. With a stronger leadership this would no doubt change but while the Labour cronies continue to bicker and squabble what chance have we got? Bring in Vince Cable I say as the new Labour leader!

If you’re a lettings agent in Manchester right now, the chances are you’re looking hopefully towards the development of Media city to boost the dying housing industry in this part of the world. There’s a lot going on in that part of the world, but even away from the major developments at Media City, there’s plenty to talk about in East Manchester with the continued development in Sports City. Things are certainly looking on the up.

Despite the huge development going on at Sport City, the hottest property to invest in right now is in Salford area. With up to 50% of the BBC’s staff set to move on up there in 2012 investors are wise enough to know that with them, those BBC staffers will bring hundreds of smaller companies looking to ride the wave of a cheaper city and less costs.

The area of Salford is already being glorified and glamorised in preparation for the move. All of a sudden, it’s not ‘get the London look’ it’s ‘get the Salford look’, a look sported by the famous Manchester poet Morrisey. It’s not just fashion that’s preparing, Urban Splash have known about the move for years and their Chimney Pot Park development is starting to turn heads, their innovative ‘upside down’ approach saves space and crams plenty of bang for your buck into the relatively small area.

As the housing market (we all hope) starts to level out, investors will soon be falling all over themselves to get their hands on a piece of real estate in this developing area, just in time for a housing market recovery to take a hold and offer some real returns on investment. So what’s the point here? If you’re looking to buy a house in Manchester, Salford is the place to do it. Take our word for it.