He is correct though, arrears rates, along with reduction in credit access, foreign investment reduction, threats of QE, reduced immigration, the quest to deliver a politically vital surplus, oversupply of housing, low wage growth, GDP to debt issues are all causes for downward pressure on housing.
The cases for upwards pressure on housing are RBA reducing interest rates, but arguable as can be seen from data, this is having less and less of an effect now as the capital outlay required due to inflated asset prices is the greater issue, with the serviceability a distant second.
Nothing in your 20,000 vacuous posts has indicated anything otherwise to the contrary to the above status quo.
