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Dabrowski - 9:14 pm on Nov 30, 2007 (gmt 0)
I also heard that the prices will start to drop, in a reverse ripple pattern, that is, the areas that increased in price last will be the first to start going down. I'm no expert, I don't own a house but will be interested next year (I hope), so I'm keeping an eye on things. If they drop next year I may wait a while - don't want to buy a house that's going to go down in value after all.
I've heard reports saying that the buy-to-let bubble is bursting, the prices have gone so high people can't even afford/won't pay the high rent - lets face it nobody wants to line somebody else's pocket if they can help it.