Fasten your seatbelts, the tide has turned, page-12

At first they said prices would not fall, then they said prices would not fall more than 5%. Later they said prices would fall 5-10%. Not long ago, they said prices may fall 10-15%. Now they say prices might fall 20%.

Those are the prognostications of more mainstream economists, not the crash predictors of more bearish websites.

I think the most pertinent point in all of this is that the downward revisions in expectations are coming faster and faster.

At this rate, I think they will be predicting 30% house price falls next month.

Not long now.