"""I think prices will take a breather and move sideways over the next 10+ years"""
Yet we have this irrational exuberance of property bulls running scare campaigns to get in now or forever be locked out of property.
I see a lot of property on the market now are investors cashing in the chips. They see it for what it is.
When fixed interest rates lift you can expect the baby boomers to do the same, they've all swallowed the bitter pill of their assets crashing and won't wait around to take another one. Having the benefit of living through many rate cycles they know its inevitable emergency rates don't last forever.
