1 in 3 Under the Pump !, page-227

Hmm, But whatever man... It's amazing that some people would consider themselves intelligent and well informed yet see nothing wrong with the current property market.
Trash-talking of Australia has been incessant - be it housing, banks, commods, etc. That typically reflects a trade not going they have expected and a lot of angry people talking.
I see a lot of that sentiment in finance and on HC, including danginvestor and - Keen.
Good, the extreme bears keep the extreme bulls in check and stops the market from exuberance.