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dbadger
@8b
If you've got a sizable deposit, not pushing yourself like Rogan, don't need to move for 5-10years and locked into a 5-10 year fixed it should be ok.
I tend to look at selling price around 2012, for example a 2 bed flat in east london now around £450+ then around £250 plus. Again I might be totally wrong but I think we'll be back at 2012 levels within 3 years.