The way I summarise it, ASIC did not call for nationwide housing collapse, but rather a gentle warning about short term correction in near future (maybe 10%), then spring back up like it always be. Correction is good for all property investors who want to top up more properties or even new buyers, without correction it's a bit hard.
I said before.... Bulls call correction another buy opportunities, Bears call it a crash.
But those who bought in like 10yrs ago or more..... this correction is like a walk in the park (nothing affecting them really).
