The underlying factors are completly different to the 1990s. Is it a bad thing that prices are flattening off - it isnt a crash or a slump, but it will be if idiots keep spouting about being experts and having crystal balls.
I am no economist but the underlying factors are completly different to any time before, market drop is no doubt caused almost singularly by the tightening of mortgage lending. Let things settle and maybe slump a bit.
It seems that it may become a self-fulfilling prophecy seeing as everyone seems to know the future, which in turn eventually cannot doing anything but downturn houseprices due to lack of confidence about the future.
Electrolysis of water - HHO gas hydrogen fuels are on the cusp of being turned into the fuel of the future - research it and find out more. The Hadron Collider is coming online - the future is bright and breakthroughs are being made all the time.
If you want to fly, get a PPL and enjoy yourself, do the rest later when the market has recovered is my suggestion.
House prices historically double every ten years - let things settle and find a sensible level - and lets not build anymore f****** apartments
