do you own yr home?

I live in my own house. It has a kitchen, hall and lounge downstairs. Upstairs it has a two bedrooms, a bathroom and a shower room. It has a front garden and a back garden with a shed. It is situated in a quiet position on the edge of a coastal town. It has views at the back of the countryside. There is a river side path that is lovely for walking my dogs along. I have two car parking spaces. My house is no longer big enough for my family. My son is disabled and can't walk. It is a struggle to get him upstairs. It would be ideal if I could move to a bungalow. My son needs to have a downstairs bedroom and bathroom.

I am living in a flat owned by the government and I have to pay a low rent for this. A few months back, I have purchased my first flat by drawing a loan from the banks which is on a 30 years term. It seems to me that the housing price has dropped so much that even if can go lower, the amount won't be that much. Considering I still have a relatively stable job, buying a flat when the price is low and the interest rate is low seem a good idea.