guys, this why asked the question of what the renters who are relying on a major crash - the 40% crash for them to buy in. it seems that they have no alternative strategy if prices do not fall as they are stubornly believe in the chart even with its clearly unrelaiable factors used to determine it.
while I have accepted that growth will be subdued for a while as the market accomodates the fears of recession, the strength in the rental market and the low rates is making things much easier.
