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Being tired of paying rent is not a reason for buying now.
You are currently renting a property. After buying a house, you will be renting money to buy that house.
If you think that property prices will continue to fall, then, financially, you should wait. The fact that they will probably recover at some stage in the future is not relevant.
If you are spending €190k now, maybe in 6 months' time, you will be able to buy a bigger house in a better location for the same €190k. Or you might be able to buy the same house for less money.
I cannot predict house prices, so they could rise over the next 6 months as well.
It's your decision but you should make that decision having given due regard to all the factors. Don't make the decision based on popular myths such as "rent is dead money" or false logic such as "it doesn't matter as house prices will eventually rise again".
I am one of those who have just taken the risk like you are considering and purchased a 4bed terraced. last year it was 275k with nothing provided. this year i got it for 200k with free legal fees all appliances fitted kitchen, carpets, wooden floors, wardrobes all in all over 10k's worth of extras. so it depends really. the builder was trying to sell his last few houses so for me I cant see the price dropping any further. i would say its near or at the bottom of the market for first time buyers anyways. but thats just my experience.
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