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Originally Posted by Richard M
I hope it does crash.
I feel sorry for the buyers but the estate agents and mortgage companies have been laughing all the way to the bank for far too long. 
All good things come to an end, sooner or later. |
And if it crashes those mortgage companies will just reposses the houses of those that can't pay and just sell them off (through those estate agents) and chase the buyers for any difference.
Besides, one of the main causes is that there are simply not enough houses at the moment so a large crash is less likely.