First time buyers are receiving such boosting packages in different forms and this is very much required otherwise it will be difficult to revive the property market.
Can't agree more; letting market is about to see a boom and the process has already started. If you look around, you can understand the fact. With Olympic 2012 around the corner, things are likely to look better.
It's true that property prices are low and you can easily find a good deal; but people's buying power has gone down. So it is still difficult to buy properties.