So what the hell is going to happen to the property market in 2022?
Are prices going to go up, down or flatline? Will all the people who rushed to buy this year at insane prices to save £15k be up to their neck in negative equity if the market collapses as unemployment soars?
Or will the property market once again defy the economic odds (it does tend to do that, after all, especially given the ridiculous lack of properties for sale and new homes being built)?
In the words of Aaron Strutt over at Trinity Financial: “House prices are likely to keep rising simply because there is such a shortage of homes.”
Robert Payne at Bristol-based mortgage broker, Langley House Mortgages, was slightly more cautious, but still doesn't believe prices will fall: “It is unlikely that property prices are going to continue to go up in 2022, certainly not at the rate we have seen in 2021, but for property prices to drop there needs to be a lack of demand and that looks unlikely.”
We asked the Newspage community of property experts for their views on what's going to happen in 2022. All of their views are below.