I can quite easily assure you that we have reached a peak,the question is not about if we are going to have a soft or hard landing but instead how hard the hard landing will be .
A soft landing requires a 30-40 % drop :
A hard landing scenario will imply 50-60% (or more) price drop:
-Inflation is raging, interest rate on a sharp increase will make having debt a big burden. Rent price is plummeting as unemployment is increasing. At the same time the population is getting older and the country sluggish productivity bring what we will call the "Japanese" or "German" syndrome : real estate falling for an indefinite period of time , and renting becoming more popular as ever.
A very (;->) hard landing scenario will imply 70-90% (or more) price drop:
Inflation is raging in Europe and right movements are on the rise. Political stability jeopardized, brings the economy into a depression.
Gold prise rise to levels not seen in generations. Paper money lose its credibility. Country after Country in Europe gain back their independence. The European Union is dismantled, stars after stars...