In relation to the ASX REIT index, are you suggesting that individual property investors are not over leveraged? Keeping in mind zero deposit loans, falling property prices and negative equity.
Yes, Sydney and London are very similar in that the speculators are about or have already been caught out. So seeing similar falls here as well is high likely. Even if though there are differences with the AUS and US markets, the similarities between the UK and AUS markets shows you what is about the happen here.
