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DeeWha, You are probably right. Property prices propbably won't fall too much from what they are now. But don't you think it is neccesary to be able to pay mortgages at around 10% interest before even considering buying a property?

Can you afford what the market is offering at the moment? If you can't then simply wait till you can afford it. If you can afford it then buy. If you can afford to buy the property at at least 10% interest rates then I would buy. Predicting the market is hard. I may think the market is...