As sure as Winter follows Summer, High tide is followed by low tide, Booms are followed by BUSTS. A flood of easy money has lifted prices. As the tide receeds many will be left stranded.
This has been one of the longest property booms in recorded history and will be followed by one of the most severe busts.
Government interference has delayed correction but human nature guarantees it.
Greed drove the Boom. Fear will drive the Bust.
Even the most optimistic property buyer would now be waiting for six months, expecting to buy more cheaply.
