"Pug, multiply the jitters by 1.6 million landlords (some with multiple properties) and you get the mother of all stampede."
Yep all those landlords are just going to dump for the hell of it just to lose money.... lol 1) Many would own outright 2) Many would already be sitting on significant capital gains. 3) Majority of landlords have secondary incomes. 4) Rent would be covering the majority of costs for many.
Just because there is no capital gain in the short term does not mean everyone will seek to exit - most have investment goals longer than a 5 minute time span!
"Remember the FHBs to be slaughtered (thanks to Rudd) aren't just those who bought last year but also those who bought in recent years."
We will see as there truly is NO real evidence of this as those so called mortgage stress surveys are a joke and do not show the true picture.
