[LFC]

Interesting comments so far, seems most think that prices will remain stable.

I partially agree with that sentiment, I don't see property prices crashing but I do see a correction in prices downward slightly.

Personally we are looking at properties on the North Shore in Auckland, Torbay, Browns Bay, Albany(as my partners family live around there) and its pretty hard to find anything decent for under 450-500k, we have around 50k deposit.

We are both on reasonable incomes but would be cutting it too tight trying to service a 400k mortgage at the current interest rates, pretty sure alot of other people out there are in the same situation!