Hi everyone,

I'm due to finish university soon (yes I'm a mature student), hopefully going into teaching at colleges.

My dilemma is that I'm 31 and I'm still living with my parents, when I'm not in university!

Should I wait until the end of the year as I've heard there's going to be a price crash? before buying a property?

I've never heard of a price crash coming up. You could try renting until you find your own place, especially if theres somewheres out of town or state you want to move to, that way you can set up a job and everything and get settled in before taking the "big step".

No one can predict a price crash.

To be honest, I was waiting for one for 2 years and it never happened, and now I don't think there's any real chance of a crash happening unless a major pandemic or natural disaster hits the UK.

Slow growth for the next 5-10 years to allow wages to catch up a little, then boom again.

I would say that you should watch the market, and go ahead and start looking around for a place to stay, then wait to see if the price will be going down anytime soon or you can work out a cheeper deal. I think that the market might stall, but I doubt it will actually "crash"

Though price crashes cannot be predicted, I am sure that you will be able to find the perfect home at the right price. There are so many homes out on the market, I don't think that you will have a very hard time finding a place to live.

brian is right no one have that information, i'd say get out of your parents house and start looking for your own home.

The point is that as a general pointer, property prices have always tended to rise.

Don't be fooled by statistics on house inflation - most of the market activity is in the £100k-£200k range, especially in terraced housing and flats.

Bottom line is that the property ladder gets that name for a reason - you need to get on one of the lower rungs, then climb your way up as required.

Otherwise the longer you leave it, the harder it becomes to get any foot on the ladder.

I left it really late - 34 before I got my first mortgage - and I am paying for doing so.

Still, at least I'm on the ladder now.

I think one way or another people always lose when they wait. In the long term the prices are bound to rise even if there is a slight drop shortly and there is no way of knowing if that will actually happen.