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.

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!

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.

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 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’, invented by the famous Manchester poet Morrisey in the 90′s. 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) begins to level out, investors will 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? If you’re looking for a house in Manchester, Salford is the place to get one. Take our word for it.

As we all know, the global recession has hit many places hard, many people are struggling to pay bills. One of the worst hit countries is America and a large number of people living in Europe have no idea. However, some people will be able to benefit from the troubles they are having, just as long as you have some extra cash.

Currently, house prices around America has fallen, from the highs back in 2005, by around 50% to 60%. With the global recession making everyone tigher with their money, this has led to a huge number of new properties going up for sale, currently there are around 19,000 properties for sale in Kissimmee in the Florida area.

Because of these very low prices, plus the improvement in the exchange rates, buying a property in America has never been more tempting. Hopefully, as more money is pumped into holiday homes, it should help both the US and the UK’s recession position. I say it might do this because as more people put money in the US housing marketing, they will also have to buy overseas property insurance.

The majority of Brits buying a holiday home out their will choose to get their holiday home insurance from companies within the UK because that’s where they mainly live. This means good news for the UK market because more money is being pumped into that as well. However, I wouldn’t have thought many insurance companies will make alot of holiday cottage insurance sales as although property prices in the US are down all over the country, you’ll find it hard to buy a small little cottage like you would find in France or Spain.

Choosing to follow this route is becoming even easier, no matter what age group you are, you can still buy new property or even move abroad, however, whatever you do, you will still need to protect your new investment. Finding a company that will give cost effective cover for second home insurance and overseas property insurance isn’t as easy and can often be more costly than you might imagine.

Searching for second home insurance that suits your needs can be an expensive and tiring chore. That’s due to the fact that these second homes could be left unoccupied for extended periods, especially during winter with the associated risks of burst pipes and freezing damage. Even if you are able to overcome those problems, it can still become stressful when the property is damaged by the current occupiers.

If you do obtain cover you will probably find that most holiday home or buy to let insurance policies have restrictions in the small print. Unless you comply absolutely to the letter with security and occupancy requirements, you may be shocked to find your insurance is invalid when you make a claim. Although they may be hard to find, there are some providers out there that understand that as it is a second home, it won’t be occupied all year round.  

Because of this reason, there are some policies available that won’t end up leaving you with no water or electricity as they have no restrictions or exclusions in the small print. In the end, if you do decide to rent out your new property, those policies also come with extra things like protection against your content if it is damaged by the current guests.