The property market is at an important juncture, so how do you decide which path to take when making the biggest financial commitment of your life?

The world's most successful investors are clear that we are heading for a house price crash. They realise it is an inevitable, unavoidable result of the financial exuberance which preceded it. It is a natural part of a wider economic cycle. But how do they know? How do they make their decisions?

Believe it or not, the answer is simple. As Warren Buffett said "The business schools reward difficult complex behavior more than simple behavior, but simple behavior is more effective."

There is a trait common to the investing elite which is present irrespective of the market in which they participate, their investment philosophy, or their investment methodology. Their success stems only partly from understanding the details of a particular market. More significantly, their success stems from understanding the “Big Picture”.

These investors are able to stand back and to see how the whole financial universe operates. Through their hard work and creative contemplation they have slotted all of the pieces of the economic puzzle together. From the moment that puzzle is complete they are no longer merely participants in the world's economic waltz, they know who the composer of the music is and they know what is coming next.

This website sets out the Big Picture factors affecting the property market and house prices today.

There are only three things you need to do as you progress through the site:

1. Recognise a good thing when you see it

2. Recognise a bad thing when you see it

and then...

3. Act appropriately