housing supply listings keep increasing, page-3

House prices would not be considered over priced if they represented 100% equity/fully paid with cash. But as we all know that half have been bought on high borrowings, which are nothing more than IOUs. The house prices of today will remain at their "healthy highs" providing all concerned can meet the repayments, simple as that. We, the public, cannot control the outcome of house prices. If all repayments are made, then there'll be little selling pressure. But the negative down talk, along with the ever increasing job lay offs that we're hearing is having a real impact out there. The weekend prior to last showed that investor property purchases had fallen some 5%, which I think is significant as investors are a lot more astute than your average first home buyers. It's now pretty obvious that housing will not boom again for a long time. So those who can will be in a good position to save, like in the 'good ol' days' without the immense pressure to buy before they're locked out for good!