You're just (like most Irish people and esp. most posters on AAM) attached to a certain asset class i.e. property.
There will be no good returns from property in the next 10 years at least. It's been wound all the way up and it's almost certainly going to wind way down. 2-3 years is too conservative regarding property market, 10 years is more like it. Stabilise, what does that mean? Stabilise at what price, half? Stabilise for how long,2,5,10,15 years? Saying something like 'it would stabilise in two years' is just gobbledy-gook. It's just a sound bite, a word thrown out to console people to try and prop up confidence by the govt. and builders trying to shift stock.
So what's the point from an investment point of view?
DerKaiser, why should he hold onto it, really?