housing market a 'time bomb', says investment , page-8

If it happens and the s**t hits the fan it can happen very quickly. Although I am not saying it will. Highly geared investors will sell quickly to get out of the mess and banks will be ruthless in getting their money back and foreclose very quickly to minimise losses.
One of the best pieces of advice is to be a contrarian investor,i.e. buying property now for investment would be a mistake.