too many bears?

Hi,

Do people here think there are too much bear or negativity on housing right now? Most of people here in hotcopper seems to be bearish about property, including me. This is the ONLY factor I am a bit doubt if the price will really coming down hard.

As with many other investments, like shares, people will start posting a prediction of ridiculous increase in price when the market is at the top. But that's not what happen now. What happens is the other way around.

I want to know what people think about this.