Rizzla, you said:"the greater fools ARE the 2009 to present day...

Rizzla, you said:
"the greater fools ARE the 2009 to present day buyers and there is no-one to offload to"
I respectfully disagree. I see an army of buyers out there, just not at these prices. The real estate market will be vibrant again once prices fall to levels that make mortgage debt obligations managable. Sure, recent buyers who bought poorly are likely going to lose money.