Steve,
I've had this same discussion with people for over 20 years. Each and every time there were people forecasting drops in property like you are.
50% drop you reckon? 20% over the next 12 months a sure thing you reckon?
Good luck with all that mate. You just keep waiting.
My advice is to have a think about why the situation is as it is then have a look at those drivers and see if they are changing.
