Will De Cleene over at gonZoFreakpower reckons Gareth Morgan and Bernard Hickey are being modest with their talk of a 30% drop in house prices.
Will reckons that 50% is more likely here and in the US , the correction could be 80% if this graph is anything to go by.
I'm not sure if Will is correct but as a would be first-timebuyer, it all seem good.
The major question that remians though, is when will the best time to buy be? When will prices reach their rock bottom?
Hat tip:Gonzofreakpower Brains Trust