Here it comes.., page-9

Apartments ahhh I think the writing was on the wall in the beginning of 2017 We crossed the oversupply threshold 18 months ago ( if you are an investor and not a gambler you would know this) As with past cycles apartment builders hocked to the neck , (without turnover banks step in) so no choice really but to build and hope. Looks like a correction in place until supply taken up. On the other hand detached housing seems to be holding as long as you have good location and amenities. (Again if you are an investor and not a gambler you would know this) I wouldn't be looking at December and January results as they have historically been very week and shallow in data) We should have a clearer picture by March April as to the path of the cycles gradient. To all the Dooms dayers out there the cycle will turn it always does . The Melbourne property prices reflect the fact that it has been the worlds most liveable city for the last 7 years. Only investors do their homework and know to bye and sell within the cycle The rest try to mimic and bye without proper planning or research they end up gambling and then due to herd mentality stampede Which one are you ?