a taste of things to come?, page-19

newtothegame, let me put is simply.

1. house prices fall as speculators leave market
2. previous renters slowly take advantage of falling prices
3. property investors loose tenants
4. rents fall to entice tenants
5. rents fall to where investment property can no longer be positively geared
6. Property investors are forced to sell due to economics of investment
7. House prices fall further
8. More previous renters take advantage of falling prices

and so the cycle continues