20% down already. 3+ years to go ! , page-6

Baddabingy, you are absolutely right. A visionary some may say.

The denial phase is very interest in terms of a wide variety observed behavior.

Some have started accusing us for gloating with "we told you so".

Others are hitting the Post Message as fast as they can to tell the world bargains are here to be had or there is no one market for property.

Other just troll with guess what I just heard that a house in melbourne was bought for $36 billion when it was last sold for $360K.

But as you know, the trend is your friend. At some stage, even the defiant ones will capitulate. They will draw the conclusions...

Australia can and has sustained a fatal housing price crash.

There is no chronic housing shortage.

Chinese haven't swamped every street in suburbia.

Asylum seekers aren't given $500K each to come to Melb and Syd to buy houses.

House prices can and do fall HARD and stay there for eternity.