What do you do?

Out of context: Reply #66

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  • elms0

    here the prices have doubled within one year. that is not normal.
    elms
    (Nov 28 06, 06:37)

    It will probably go further up, no?
    So chances are, if yuo take the 30yrs mortgage now, you will be sitting on a pile of cash in two years.
    rafalski
    (Nov 28 06, 06:44)

    this has been discussed here exhaustively. the prices have somewhat stopped to rise (as there are not so many buyers left...) and there are many totally different predictions what will happen. if the prices will stay the same or rise a bit more or fall like 10-20%...

    anyway, heres one article about it in english:
    http://news.bbc.co.uk/2/hi/busin…

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