Stand by for a year of negative forecasts about real estate from the usual suspects, who will be yet again proven wrong.

 

It’s already under way. We’ve been hearing that property prices will fall because interest rates will rise. There have even been articles suggesting that prices will fall even if interest rates don’t rise, because media speculation about interest rate rises will have the same negative effect.

 

Let me tell you this with certainty: none of it will happen.