After a decade of Bull calling the shots, it is now time for Bear to have his turn in the limelight.
The turmoil of the financial markets is taking a heavy toll on the property market.
Higher interest rates and gilts yields are heavily impacting on both property companies and the institutions alike.
No-one will be unscathed so long as the Bank of England and the Chancellor of the Exchequer are at odds with each other. Something (or someone) has to give.
A fall in capital values is now inevitable. The only question is by how much. Predictions range from 10% to 20%.
Enjoy your Sunday!