I find it very hard to judge where anything to do with property prices is going. People seem to have all sorts of reasons for saying it has to go up - which is great for building bubbles of confidence... all I know is that credit is now hard to find in Europe and the criteria has become more difficult. Even this is understandable and perhaps necessary (unless you are a banker). It is true everyone needs to live somewhere but when salaries and jobs are not sufficient and being squeezed - where is the point in raising prices when stuff isn't selling? You could ask a million pounds or roubles or euros if you wish but if noone has more than 500 nothing is going to happen re price restoration - irrespective of the need for shelter.Unlike many Cypriots who refuse to acknowledge this simple truth re prices I have tried to sell two old stone properties (with proper Title Deeds) for some time now. I have dropped the price to HALF the value given by a surveyor just to sell. ll the agents say it is too low.. still hasn't sold as young people do not have the 30% deposit now needed to get the balance from a bank. The rises in prices are going to be a long time coming when things are at such an impass methinks.