The economy is in dire straights with the only likely out come being, high inflation. To take advantage of this depressed market, and low interest rates means that now is the time to lock in for as long as you can get, that mortgage, at these low rates on self supporting properties.
Most western economies are at a point of no return, whose only answer is to print more money to pay the interest bill. The end result is either total economic collapse, or high inflation. Money in the bank or the share market are all high risk with the only safe investment left is property.
What ever eventuates will see property as todays wisest investment.
Macdunk