Will prices go down and by how much?
We've all been here before - in fact it's all half the population ever seems to talk about. Lets face it we are a nation of property investors due to the lack of space on this tiny island.
Ive found this interesting article on the Market Oracle - that brings in a fairly clear argument for its predictions. It predicts a 29% fall in property prices from the August 2007 peak.
That would bring me down to the point where I stopped buying ( because I thought prices had peeked) - but it worries me for the new property investors who have only started investing in the last couple of years. On this article the wise move might be to off load now before it gets much worse.
But first theres the small issue of finding a buyer.
"Are any buyers out there?"
What advice would you give to other property investors?
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