Economics is far too subjective for all to sit here and proclaim what will be the trigger for a significant drop in property, also too unpredictable. However, what we can say is that there are factors that exist that make the property market very prone to shocks given the leverage and lack of yield currently exhibited in general.
No one knows exactly what will make the market fall significantly, it could be a number of things which we can speculate on or it could even just stay flat and fall in real terms.
Whatever your thoughts, the signs are clearly there that the market is highly susceptible currently and if you're highly leveraged or have bought with a less than 5 year time frame, you'd be crazy not to be wondering if you're investment is in a spot of bother.
