I think you'll find the last thing I am is emotive Massey.
There have always been plenty of people telling me that the property market is about to crash my whole life.
The key to it is employment . Whilst people are able to get and maintain jobs property will inexorably keep inching higher simply because of the dynamics of a younger aspiring generation willing to work harder to obtain their little piece of security in what inevtably becomes fewer choices to abode ,against the tide of an increasing number of aspirers
That's just the way it is in cities like Melbourne and Sydney . As you might be aware ,provincial dwellers have done fairly poorly in property investment.
A crash of the proportion you allude to is ,in my view ,technically impossible ,unless there are mass job losses on an unprecedented scale . If you favor that latter scenario then I can see where you're coming from ,but in the absence of that your proposition is conjectural in the extreme .
