If you ask me, Sydney property has been overpriced for at least...

If you ask me, Sydney property has been overpriced for at least 3 or 4 years now.

Look up "quiet alarm bell" on the Australian property market on YouTube. It's APRA's, I think, Chairman answering questions to Nick Xenophon at a recent Senate Hearing. Priceless stuff.

I'm not smart enough to predict any collapse, obviously. Just smart enough to know when things are expensive and when they're reasonable. And while that sounds like a very simple thing an idiot like me could do, seems that maybe it's not so simple for some reason.