Should I sell my house now and rent, with a view to buying again in 2 years when prices have dropped more?
Everyone is saying house prices are going to fall even more – maybe by up to 15% more. So surely it makes sense to sell ASAP bank the equity as cash and wait to pick up a bargain in 2 years time. From a purely financial point of view that must be the right thing to do? if prices go up I will lose – but nobody thinks they will go up for at least a few years.