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Yeh when we bought our place, our options were a 2 bed 2nd/3rd floor leasehold mezzanine flat with parking, or directly across from it a 1 bed freehold end of terrace with front garden and parking. Until end of February, we sort of regretted not buying the 2 bed, but the garden has been a life saver recently.
Colm89
Howard
If there's a supply shortage prices will flatline or gradually decline and selling or buying will be massive pain the ass.
Depends on what you are selling though. Little house with a nice garden? Gonna look real appealing to a couple who just spent two months cooped up in middle-floor flat.
This is why the %16 or so from 2008 isn't that helpful. Some stuff went down a lot more than 16%, others flatlined, some even bucked the whole thing and went up.