Kev, I won’t buy without a 40% discount or more from peak, but someone else will buy that 25% discounted property in a sea of 5-15% discounts. There are still a few buyers, and to sell you just need to have the biggest discount. I’m not saying that prices won’t come down by 25% or more eventually. I’m just saying that it will take some time, and until then houses offered at the biggest discount will sell.
