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I doubt prices will fall 40%. Why? Because they have already fallen in UK and US they would of fallen here too at roughly the same time. Why did property prices fall in the US? Surprise, but also because there was a lot of housing oversupply there (The US has a 19 year high in housing...

I doubt prices will fall 40%. Why? Because they have already fallen in UK and US they would of fallen here too at roughly the same time. Why did property prices fall in the US? Surprise, but also because there was a lot of housing oversupply there (The US has a 19 year high in housing...