RE: German central bank warns of overblown property prices with the problem spreading19 Jan 2022 17:18
Property prices will always continue to rise as you always need somewhere to live. They need to give 50 year mortgages as most people move on so the length of time is irrelevant. A small crash would only work in say the new builds as others would just hold onto their home or insist people pay over ask!
I wonder how many people living in New York thought there would be a great reset, prices are out of most people’s reach and if it did drop loads people just won’t move until prices regain ground.