If you have ever bought a new car you will know that as soon as you leave the showroom it loses anything around 10% or more.

And then after say three years and you decide to sell the car the chances are that its value may well have dropped by 50%!

Why do we do this? Name any other really major investment we make where we are quite happy to lose up to + 50% of our money? And we often repeat it!

According to the media, property prices have dropped by 15% in the last year. Yet they have grown by at least 300% since 1991. 

So as long as you didn't buy your property in say the last two years what's the problem if you lose 15% or even more?

But if you buy a new car...........

The media once again create a fear of doom and to what end?