Originally Posted by kamasutrababe

I'm thinking of buying my first home. Is this bubble going to burst, or should I not bother waiting and buy now since I'm wasting money on rent anyway? I'll be relying on a combination of savings and family loans, so low interest rates aren't really to my advantage anyway. All the agents I've talked to say prices might level off but shouldn't fall. Of course that's what I'd expect an agent to say, so I'm interested in hearing opinions from more objective people.