Property doesn't need to inflate further, it needs to and I believe it will moderate for a while before the next leg up.
My tried and true barometer of the economy is the major shopping centre such as Chaddy or Highpoint-and they are still packed to the brim. People have got money. When people are so strapped or so fearful that they are no longer wondering looking for stuff to buy-that's when you know times are about to bite.
