melbourne buyers save $58,000 - by not buying, page-5

As I said before, similarly the same reason why many "so called" investors are now losing money big time because they thought they were collecting reasonable rent (actually really crappy yields) and negatively gearing for good measures. Had they sold up in early mid 2010 and park the PEAK money in Ubank for a nice 6% interest rather than crappy 2-3 rental yield and an albatross around the neck called "relentless price falls".

Now they risk massive capital losses (most of the losses are yet to come in the next 2-3 years) but the vicious part is that finding a buyer has always been taken for granted. It could be Chinese water torture with no avenues to jettison the properties.