Report Is Now The Time To Buy ? < 10-20% in House prices and the economy Posted October 1, 2005 Why on earth are people panicing? Why just get 10% of a house when a minimum of 30-40% is in the offing. I'm quite content renting, but a friend of mine has jumped ship and got a "bargain". One bedroom flat in St. John's Wood reduced from 190 to 178 because, according to him, house prices have stabilised and will now rise, renting is dead money and he wants to get on the property ladder.Oh dear Sounds like he got a real bargain there.