Will Uk House Prices Continue To Fall Despite The Recent Interest Rate Cuts?

possibly…..a rate cut does not equal a rise in prices…
The bank of England may slash rates but.. the banks have reduced their lending to consumers and customers…we can not borrow like they used to..it will lead to a fall in asset prices…the problem at the moment is that the banks have admitted to 130billion dollars of losses but in truth 400 -500billion dollars has vanished in the sub prime hole…so there is going to be little money to borrow..then lower rates will have little or no effect…if there is no money to borrow, what difference does it make what the theoretical interest rate is…