The prices will go down, there is only one chance in a million that in the coming years property prices and rents do not see a sharp fall further. The reasons are obvious The declining flows of taxable labor, business and consumption will push the state to move more and more taxation on capital. It 'well known that the laws of the inapplicable the only really taxable assets is recorded. So mainly active bank (do you remember the super-stamp transfer), cars and boats and course properties (do you remember the IMU). Of these three categories the most difficult to hide or move abroad is just the beloved house, the "mythical" brick. Take off from the brain the illusion of power to sell your property at prices even Only close to those of 2007/2008, the party is OVER for at least 2 years. Being able to sell your property to a median price between the pre-euro (1999/2000) and that of the peak is a deal for the seller, remember...