how does it feel to be a property investor?, page-43

LOL ok no more stirring from me!

Seriously property is coming of yes. Of course property goes through its bear periods and the current downturn doesn't mean the more extreme views of 20%+ price reduction has come to fruition.

Personally I believe we will see at least 20% in the next 5 or so years and much more if the US debt crisis unfolds or China goes through a serious correction .... and yes bulls I do in fact have every right to state that.

No question that Australian property is in a bubble, we got to be the only country in the world where it hasn't seriously corrected yet.

Reckon the bulls will be eating humble pie!