-1
The crash HAS started.
Current status: DENIAL
"Why isn't my house selling? "
"What's wrong with it?"
"Why haven't we had many viewers?"
"Ok I'll drop it £10k that should sell it, but that's it!"
"Oh it still hasn't sold, but I'm not dropping it more, it's worth the price I'm asking! It's the Estate Agents fault for not working hard enough!"
"My next door neighbour has just put their property on for £100k more, and mine is still not selling, what's going on?"
"Great we've finally sold ....oh they couldn't get a mortgage???"
It's a cycle. Next up, interest rate rises...