australia's very own subprime crisis looming, page-151

they can go pay rent, investors are falling over themselves to get more investment properties, ideally they want is for people to lose there jobs and sell the house and rent the house back to them.

investors get 50% capital gains relief, can claim all deductions related to rental houses. They have an advantage and can afford to overpay a bit.

the Australian housing system is designed to favor an expensive housing market, and normal mark forces like what happen overseas don't relate here