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I genergally echo your sentiments, but Dammit is sort of right here. Plus as well as buying/selling, there may be an impact on remortgaging.
By way of eg just before the last crash a mate's bros and partner sold their flat and moved into their folks as a stopgap to save some extra money and have the advantage of being cash buyers. You'd have thought this would have been an all-round win. But they were there for over a year as no one would lend to them, and ended up building a house instead.
hugo7
Oliver Schick
tbc
Precisely, but this is the owning your own home thread not the speculating on the property market thread. Anyone who is thinking of selling their own home would probably also be buying a replacement at the newly deflated prices. So again not really that relevant.