Currently Reading Absolute Friends By John le Carre see related

A year later

Ah yes, we chose the rent and loose option.  No buyers, no new house, all the work of owning a house without the advantages. I don't think houses will sell well for another year. There are too many people who need so desperatly to sell that they will drop the price to any level to get out. If housing prices drop much more it may pay to double down on the bet that prices can't stay low forever.