the answer is very simple, if your monthly income can get through the 35% of the total mortgage loan you request, then, just go for it and buy your dream house.

population keep on increasing. land, could not be recycle or replant. with current scenario which inflation up ( i would say is temporaly ), which cause raw materials up, therefore, property price increase, which is unavoidable. once the property market slower, the price of the property will most likely stagnant or decrease (for desperate seller) with few percentage.

there will be no big drops of property price. don't forget, you are not the only one person who likes cheap purchase. everyone likes this theory.