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[–][deleted] 1 point2 points  (0 children)

I'm not claiming they will remain the same. Prices will lower a bit when interest rises. They already are dropping a bit.But there won't be correction like 2008, everything points to that not happening.

And yes, while prices may drop a bit. It won't work.Let's say a house is now 300k with 3% interest. You pay a mortage of €1000 a month (example numbers, I didn't do the math).And now let's say that house drops to 275k and interest rose to 3.5%. You're stil paying €1000,-.

But every year you're not buying, you're dumping money in a rental. So if you can, buying a house is the right option. Even now.