this is golden-you knew shortage was a myth, page-4

i agree Geezer,

but I also dont rule out anything

there are many potential sources of properties for sale - retirees cashing out, empty properties held for capital growth only, exchange rate sell outs of foreigners, highly over-leveraged people with unrealistic capital growth expectations....

Now if people start losing their jobs or there is a major change in something like negative gearing as well, then the trickle can quickly turn into a torrent and whats worse you have the RE industry always trying to re-assure everyone the market has bottomed and starting to turn up

it will end up being like that often repeated war film scene where the soldier who has had his guts blown out in a battle, on the floor scooping them up and vainly trying to push them back in