Hmm, But whatever man... It's amazing that some people would...

Hmm, But whatever man... It's amazing that some people would consider themselves intelligent and well informed yet see nothing wrong with the current property market.
Trash-talking of Australia has been incessant - be it housing, banks, commods, etc. That typically reflects a trade not going they have expected and a lot of angry people talking.
I see a lot of that sentiment in finance and on HC, including danginvestor and - Keen.
Good, the extreme bears keep the extreme bulls in check and stops the market from exuberance.