I've long thought property in the UK is overvalued - what's kept the prices up is cheap debt, and they bounced pretty quickly after that 2008 (I think it was) crash).

Region and locality make such a difference though - London and the South East of the UK are in for a crash sometime I think, maybe not so much the rest of the country.

My strategy for buying a property (now rented) was simple - buy in a nice area of a nice city with undervalued houses miles away from London. The price of that will hold up pretty well.

What I don't see going down in price is good quality land - the elite seam to be buying that up hand over fist.

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