Who'd want to be a landlord now ?

[fungus pudding]

Not sure which would be worse low interest rates and high house prices or high interest rates and low house prices.

Low interest rates make for the worst time to buy. Go mad when they are through the roof. If they drop your asset increases in value while your outgoings reduce. Buying when rates are low (and prices are high} is risky. If/when rates rise, your new asset value drops and the cost of ownership rises. Fungus's first law of economics. 'Interest rates and asset prices are the opposite ends of a see-saw'.