Is it a good idea to buy now or wait until 2023?

[onthefencesitter]

My flat is on the market and actually I was planning to buy a bigger flat. However, the bigger flat I was looking at is in the process of going under offer. There isn't much on the market?

IF prices fall, is it better to wait until next year. Yes I risk selling lower, but at the same time, hopefully the next step would be lower? Unless of course this means I can't sell at all?

This is in London btw.

However, we haven't seen 50 year mortgages yet, or perhaps inter generational mortgages like Japan where upu can pass debt to your kids. It stinks, but I wouldn't be surprised to see these props.

agree

@onthefencesitter , just seen your question. It’s a two bedroom flat.